Singapore's AP Oil International H1 revenue rises on trading segment growth

AP OIL International

12/08/2026 11:32

Overview
Singapore lubricant producer's first-half 2026 revenue rose 3% yr/yr
Net income for first half 2026 fell 8% yr/yr
Gross profit for first half 2026 increased 13% yr/yr

Outlook
Company did not provide specific financial guidance or outlook in the provided materials

Result Drivers
HIGHER SALES - Revenue increased 3% yr/yr with higher contributions from trading segment
LOWER OTHER GAINS - Other gains fell 70% yr/yr, reducing profit contribution
INCREASED OPERATING EXPENSES - Distribution and administrative expenses rose, weighing on profit

Company press release: ID:nSN9vqfvd

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$28.13 mln
 
H1 Net Income
 
S$751,000
 
H1 Gross Profit
 
S$5.18 mln
 
H1 Pretax Profit
 
S$898,000
 

Analyst Coverage
The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 6 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)