Petrolia H1 FY26 operating profit drops 44% to USD 1.9 million; revenue rises 15% to USD 32.2 million

Reuters2026/08/27 14:33

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Petrolia posted H1 2026 profit attributable to shareholders of USD 3.18 million, down 4.74%, with EPS of 5.37 U.S. cents.
Revenue climbed 15% to USD 32.2 million, while operating profit dropped 43.94% to USD 1.9 million.
EBITDA fell 5.8% to USD 6.5 million, due to a shift toward lower-margin revenue streams and weaker higher-margin activity.
Result from associated companies swung to a USD 1.2 million profit, while total comprehensive income decreased 51.79% to USD 2.7 million.
Free cash rose to USD 18.4 million; Petrolia repaid capital of USD 0.02 per share, totaling USD 1.2 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Petrolia E&P Holdings plc published the original content used to generate this news brief on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Petrolia H1 FY26 operating profit drops 44% to USD 1.9 million; revenue rises 15% to USD 32.2 million

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