RH PetroGas Limited provided unaudited consolidated earnings guidance for the second quarter and half year ended 30 June 2020. The Group is expected to record a higher loss for second quarter of 2020 as compared to the loss reported for the corresponding quarter in 2019. The expected loss in second quarter of 2020 is mainly attributable to lower revenue recognised by the Group as a result of significantly lower realised oil price which averaged around USD 28 per barrel for the quarter, a drop of approximately 59% as compared to the average realised oil price of USD 69 per barrel reported for the corresponding quarter in 2019. Consequently, the Group is also expected to record a loss for half year of 2020, as compared to a profit for the corresponding half year period in 2019.