source: https://thefinance.sg/2024/08/14/geo-energy-resources-laid-foundation-for-top-and-bottom-line-growth/
I have previously written about Geo Energy Resources (“GER”) and their most recent half-year 2024 results announcement warrants further examination. At face value, the results appear positive. However, if we exclude “Other Gains”, net income would have decreased to US$3.0m. This likely explains the low dividend declared as per the HY2024 report. Geo Energy Resources […]