STO reported a net profit of MVR 163 million for Q2 2025 on total revenue of MVR 3.6 billion, despite a 12% revenue dip attributed to global fuel price adjustments and reduced local demand. Gross profit reached MVR 574 million and operating profit MVR 236 million, with net profit down 3% quarter-on-quarter but up 10% year-on-year.
One outlet so far Only The Standard has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
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Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
posting a solid net profit of MVR 163 million in the second quarter of 2025
Word for word from the report in The Standard. Open the report
Earlier reports gave MVR 2.25 billion 29 May, 11:28 The StandardMVR 717 million 18 May, 09:14 The Standard
After taxes, the company retained MVR 163 million in net profit — a marginal 3% quarter-on-quarter decline but a powerful 10% increase compared to the same period last year.
Word for word from the report in The Standard. Open the report
After taxes, the company retained MVR 163 million in net profit — a marginal 3% quarter-on-quarter decline but a powerful 10% increase compared to the same period last year.
Word for word from the report in The Standard. Open the report
