STO’s Q2 Results Signal Steady Hands, Stronger Future
The State Trading Organization (STO) reported a net profit of MVR 163 million for Q2 2025, with total revenue MVR 3.6 billion. Despite a 12% dip from global fuel price adjustments, STO achieved gross profit MVR 574 million, operating profit MVR 236 million, and pre-tax profit MVR 198 million. Net profit increased 10% year-on-year.
The State Trading Organization (STO) reported a net profit of MVR 163 million for Q2 2025, with total revenue MVR 3.6 billion. Despite a 12% dip from global fuel price adjustments, STO achieved gross profit MVR 574 million, operating profit MVR 236 million, and pre-tax profit MVR 198 million. Net profit increased 10% year-on-year.
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The State Trading Organization (STO) reported a net profit of MVR 163 million for Q2 2025, with total revenue MVR 3.6 billion. Despite a 12% dip from global fuel price adjustments, STO achieved gross profit MVR 574 million, operating profit MVR 236 million, and pre-tax profit MVR 198 million. Net profit increased 10% year-on-year.
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