ACN Business

Golden Energy and Resources Delivers 70.3% YOY Revenue Growth in 1H 2018

Written by ACN Newswire

- Revenue jumped 70.3% to US$481.6 million on the back of robust growth in Coal Mining and Trading divisions - Net profit rose 20.2% to US$58.5 million, offset by higher costs and increase in finance expenses - On track to surpass 20 million tonnes ("MT") of target production in 2018, with 2P coal reserves exceeding 1 billion tonnes with...

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