$Geo Energy Res(RE4.SI)$ Geo E

Geo Energy’s earnings for the 1QFY2025 ended March 31 grew 63% y-o-y to US$14.1 million ($18.29 million), with a net asset value per share increasing to 53 cents at the end of the month.

The group doubled its sales volume to 3.5 million tonnes in 1QFY2025 due to improved coal access in 2025 following the optimisation of mining plans in 2024..

Gross profit for 1QFY2025 came in 71% y-o-y higher at $28.5 million.

The company has declared an interim dividend of 0.25 cents per share for 1QFY2025, 25% higher than the same period a year ago.

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