Nicosia, Cyprus. Petrolina (Holdings) Public Limited said on Friday that its financial results for the first half of 2026 are expected to show a significant improvement compared with the corresponding period of 2025. The company said the outlook is based on the financial data currently available to the group.
Drivers of expected improvement
The company said the anticipated increase in performance is primarily due to the integration of the operations of eWise Cyprus Limited, formerly known as ExxonMobil Cyprus Limited, which took effect from January 30, 2026.
It added that the results were also strengthened by a one-off accounting gain recognised as negative goodwill, reflecting the advantageous valuation secured during the acquisition process, according to a filing to the Cyprus Stock Exchange (CSE).
Dividend details
The company last week approved a final dividend of 5.8 per cent, or 2 cents per share, following an annual general meeting of shareholders.
The dividend will be paid on July 28, 2026, to shareholders recorded in the Cyprus Stock Exchange register by June 29, 2026.
Shares in the company will begin trading ex-dividend on the CSE on June 26, 2026.