STO's 2025 Annual Report has been published. This report outlines the strategic challenges navigated over the past year while highlighting the significant milestones and progress achieved across our operations.

Annual Report 2025

We have published our 2026 1st Quarter Report today. Our quarterly and annual reports are available in the Investors section of our corporate website.

First Quarter Report 2026

We have published our 2026 1st Quarter Report

We have increased the price of our Diesel by MVR 3.62 and Petrol by MVR 2.51, per Liter, effective 5th March 2026.

Fuel Price Revision

We have increased the price of our Diesel and Petrol for the first time in nearly 4 years

Fuel Price Revision March 2026

STO is proud to announce the opening of a new People’s Choice retail outlet at Rain Coral Residence, Hulhumalé Phase 1. Inaugurated by Economic Minister Mohamed Saeed, the store meets growing customer demand for local accessibility.

The outlet stocks 23 basic staples and consumer brands People’s Choice. To enhance convenience, customers can now place orders in Malé for collection at the Hulhumalé store. This expansion reinforces STO’s commitment to providing affordable essential goods and high-quality retail services to the community, including price stability throughout Ramadan.

STO opens new Hulhumalé outlet

Bringing essential staples and our brands closer to the community

STO expands presence with new People’s Choice outlet in Hulhumalé

AGM 2025 Notice

Notice of Book Closure date for AGM 2025

Public Directorship Announcement 2026-2027

Basic food items are the main foods essential for human growth and maintaining good health. This is considered one of the most important aspects of human life.

Under the government's policy to ensure basic food items used for consumption are available to the general public at affordable prices, 23 items have been added to the designated list of basic food staples (in addition to rice, sugar, and flour). These items have been released to the market and sales commenced on October 15, 2025.

All these items will be available at the STO Wholesale Center and STO People's Choice.

The following table lists the items now available for sale:

Important Notes on Pricing and Operations:

STO's aim is to ensure that healthy food items are always available to the citizens at reasonable prices13.

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