State Trading Organization (STO) recorded total revenue of MVR 15.5 billion last year, according to financial statements released by the company.
The statements show revenue for the final quarter of 2025 increased by MVR 98 million compared with the same period a year earlier. Profits also rose alongside higher revenue.
STO recorded a pre-tax profit of MVR 910 million for the year and a net profit of MVR 762 million after tax. This marks a three percent increase year on year.
Revenue for the final three months of 2025 stood at MVR 4.1 billion, which represents an eight percent rise compared with the third quarter of the year.
The company attributed quarter-on-quarter growth to improved performance across all business segments. Oil revenue increased by four percent during the quarter, while revenue from other business lines rose by 19 percent.
STO reported total profit of MVR 671 million for the quarter alone, of which MVR 322 million was operating profit.