STO Posts MVR 15.5 Billion Revenue, Higher Profits in 2025
State Trading Organization (STO) announced total revenue of MVR 15.5 billion for 2025, with pre-tax profit of MVR 910 million and net profit of MVR 762 million, a 3% increase year-on-year. Fourth quarter revenue was MVR 4.1 billion, up 8% from the third quarter. Oil revenue rose 4% and other business lines increased 19%. Quarterly profit was MVR 671 million, including MVR 322 million operating profit.
State Trading Organization (STO) announced total revenue of MVR 15.5 billion for 2025, with pre-tax profit of MVR 910 million and net profit of MVR 762 million, a 3% increase year-on-year. Fourth quarter revenue was MVR 4.1 billion, up 8% from the third quarter. Oil revenue rose 4% and other business lines increased 19%. Quarterly profit was MVR 671 million, including MVR 322 million operating profit.
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State Trading Organization (STO) announced total revenue of MVR 15.5 billion for 2025, with pre-tax profit of MVR 910 million and net profit of MVR 762 million, a 3% increase year-on-year. Fourth quarter revenue was MVR 4.1 billion, up 8% from the third quarter. Oil revenue rose 4% and other business lines increased 19%. Quarterly profit was MVR 671 million, including MVR 322 million operating profit.
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