RH PetroGas Limited provided consolidated earnings guidance for the third quarter ended September 30, 2025 . The Group expected to record a net loss for the third quarter ended 30 September 2025, as compared to a net profit for the corresponding quarter in the previous year. Notwithstanding the above, the Group remains profitable for the nine-month financial period ended 30 September 2025 .
The expected loss for third quarter 2025 is mainly attributable to the write-off of around USD 7.5 million, being the Group's share of the costs incurred for the acquisition and processing of a 3D seismic survey conducted in the Salawati PSC offshore work area . The write- off follows the recent completion of the review of the processed seismic data. Besides evaluating the exploration prospects identified within the survey area, the 3D Seismic also provided valuable information and insights on the regional geology, including the deeper zone potential, which would support the Group's future exploration efforts within the block and the adjoining Kepala Burung PSC, both of which are operated by the Group.
