Geo Energy Resources' Net Profit Nearly Halves in Q1 on Lower Revenue
Geo Energy Resources (SGX:RE4) posted a net profit of $8.7 million in the first quarter, down 46% from $16 million a year earlier, according to a Thursday filing with the Singapore Exchange. Earnings
Geo Energy Resources Q1 Net Profit Falls 46% to US$8.7 Million
INDONESIAN coal producer Geo Energy Resources : RE4 0% reported a net profit of US$8.7 million for the first quarter of its 2024 fiscal year ended March, a 46 per cent decline from US$16 million in the same period a year ago.
Geo Energy Res: Financial Statements and Related Announcement-First Quarter Results
Investors in Geo Energy Resources (SGX:RE4) Have Seen Strong Returns of 210% Over the Past Five Years
Geo Energy's Triaryani Project Estimated to Contain 387 Million Tons of Coal
Geo Energy Resources' (SGX:RE4) Triaryani coal mining concession in Indonesia is estimated to contain 387 million tons of coal resources as of Dec. 31, 2023, RPM Advisory Services reported. The indepe
Geo Energy Resources Completes First Tranche of Share Sale to Resource Invest
Geo Energy Resources (SGX:RE4) completed the first of two tranches of treasury shares to be sold to Resource Invest, a private commodities firm that assisted in arranging its previously disclosed coal
Geo Energy Granted Approval for Share Sale by the Singapore Exchange
Geo Energy Resources (SGX:RE4) received an approval in principle from the Singapore Exchange for the listing and quotation of the first and second tranche of warrant shares on March 8, according to a
Geo Energy's Six-Month Attributable Profit Falls on Lower Sales Volume, Increased Costs
Geo Energy Resources (SGX:RE4) recorded a 38% drop in attributable profit and a 32% decline in revenue for the second half of 2023 due to lower coal prices and sales volume and a higher royalty rate t
Singapore Shares Fall Into Red; Manulife US REIT Shares Climb 2% Despite Distributable Income Falling 13% in H2 2023
Singapore's Straits Times Index failed to build on yesterday's momentum and fell into negative territory at Thursday's close, despite overnight gains on Wall Street. During the day, the benchmark inde
Geo Energy Resources Strikes Coal Offtake Deal With EP Resources; Shares Surge 6%
Geo Energy Resources (SGX:RE4) signed a coal offtake agreement with EP Resources for the Triaryani coal mine in Indonesia, according to a Wednesday bourse filing. Under the agreement, EP Resources com
Geo Energy Completes Mandatory Tender Offer for Indonesia's Golden Eagle Energy
Geo Energy Resources (SGX:RE4) completed the mandatory tender offer for shares that it doesn't already own in the Indonesian coal mining group Golden Eagle Energy (IDX:SMMT), according to a Thursday b
Singapore Shares Rally Mirroring Wall Street Gains; 3Cnergy Shares End Flat as Shareholders Approve DTP Infinities' RTO
Singapore's Straits Times Index rallied nearly 1% on Wednesday following overnight gains on Wall Street, amidst the continuation of the positive market trends boosting major indices in recent weeks. D
Geo Energy Resources Exports First Shipment of Coal From Triaryani Coal Mine
Geo Energy Resources (SGX:RE4) exported the first export shipment of 55,000 tonnes of coal from its recently acquired coal mine of PT Triaryani to Trafigura Asia Trading on Dec. 23. The shipment is va
Singapore Shares Return to Black Tracking US Gains; The Hour Glass Shares Slip 3% as Fiscal H1 Profit Falls 9%
Singapore's Straits Times Index returned to positive territory on Wednesday, tracking overnight gains on Wall Street on the back of data indicating that inflation is cooling. During the day, the bench
Geo Energy Resources' Profit Plummets 68% in Q3
Geo Energy Resources (SGX:RE4) booked a profit of $11.5 million in the third quarter, a decrease of 68% from $35.7 million in the year-ago period. Revenue fell 33% year over year to $111 million from
Singapore Shares End Week in Red; Keppel Shares Climb 1% as Revenue Climbs 5% in January-September
Singapore's Straits Times Index lost further ground on Friday to end the week in the negative territory, after US stocks slipped and 10-year US Treasury yields reached a 16-year high. During the day,
CFO, COO Purchase Shares in Geo Energy Resources
Geo Energy Resources' (SGX:RE4) chief operating officer Philip Hendry and chief financial officer Adam Tan Sheng Hua acquired 580,000 ordinary shares and 80,000 ordinary shares, respectively, in the c
Geo Energy Acquires Stakes in Indonesian Coal Companies; Shares Jump 7%
Geo Energy Resources (SGX:RE4) completed the acquisitions of a 58.65% stake in Indonesian coal mining group Golden Eagle Energy (IDX:SMMT) and a 33% stake in Indonesian coal infrastructure developer M
Singapore Index Starts Week in Positive Territory; Geo Energy Resources Soars 13% on Securing $220 Million Loan
Singapore's Straits Times Index added gains on Monday despite opening lower to start the week on a positive note, despite Wall Street and Europe closing lower last week, amid global interest rates con
Geo Energy Resources' Profit Plummets 74% in H1
Geo Energy Resources (SGX:RE4) booked a net profit attributable to owners of $27.1 million in the first half, down 74% from $105.0 million in the year-ago period. Earnings per share fell to $0.0194 fr
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