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Rex: Reports Higher Revenue In FY2025.
28 Feb 2026 21:58Rex International Holding Limited announced its financial results for the six months and full year ended 31 December 2025. For FY2025, the Group recorded revenue of US$318.80 million, from the sale of crude oil from the Yumna Field, after the Oman government's share of oil, and the oil field in Norway and Germany. This was a 7 per cent increase from revenue of US$298.14 million in the year ended 31 December 2024. Adjusted EBITDA for FY2025 was a positive US$91.14 million, as compared to an adjusted EBITDA of US$160.64 million in FY2024, a 43 per cent decrease. The Group recorded a loss after tax of US$152.70 million in FY2025, from a loss after tax of US$50.20 million in FY2024, mainly due to an increase in production and operating expenses, and non-cash items including depletion from produced oil and gas properties and impairment losses on oil and gas properties and exploration and evaluation assets...
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Source: ShareInvestor Express
