RH Petrogas' (SGX:T13) profit before tax slid 10% during the first quarter of the year to $7.0 million from $7.8 million a year earlier, according to a Friday filing with the Singapore Exchange.
Earnings per share dropped to $0.0038 compared with $0.0042 in the comparable period.
Revenue declined 14% year over year to $20.6 million from $23.8 million, mainly due to a decrease in the average realized oil price.
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