Geo Energy: Delivers A Strong Start In 1Q2025 With Sales Volume Doubling To 3.5 Million Tonnes & Recorded A Net Profit Of US$14.1 Million, Declares Interim Dividend Of 0.25 SG Cent Per Share.

15 May 2025 10:05

The Group doubled its sales volume to 3.5 million tonnes in 1Q2025 (1Q2024: 1.8 million tonnes) due to improved coal access in 2025 following the Group's optimisation of its mining plans in 2024. Corresponding to higher sales volume, revenue increased 68% to US$166.4 million in 1Q2025 (1Q2024: US$99.0 million) despite lower average selling price of US$46.98 per tonne in 1Q2025 (1Q2024: US$54.68 per tonne)...

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Source: ShareInvestor Express