Great Eastern Energy Posts Narrower 6-month Loss , Great Eastern Energy Corporation Ltd.

Release Date: 2010-11-16


(RTTNews) - Great Eastern Energy Corp Ltd. (GEEC.L) Monday reported a narrower loss for the six months ended 30 September 2010.

Loss for the period and loss before income tax totaled US$1.25 million, compared to US$3.79 million in the year-ago period.

Loss per share narrowed to US$0.02 from US$0.07 last year.

The company's revenue for the period increased to US$5.51 million from US$526.23 thousand in the prior year period.

The company stated that the increase in revenues and greatly reduced loss during the first half of the year was as a result of the significant uplift in gas production and corresponding sales.




Type: NORMAL
Company: Great Eastern Energy Corporation Ltd.
Country: 印度
 
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