G3 Exploration Limited H1FY19 Revenue Declines To US$11.0 Million

  • Sep 30, 2019 BST
  • Team Kalkine
  • G3 Exploration Limited (G3E) has announced its results for the six-month period ended 30 June 2019.
  • The revenue of the company declined to US$11.0 million as compared to US$13.7 million in H1 2018.
  • The EBIDTA of Green Dragon Gas (GDG) at a constant 65% margin stood at US$7.2 million as compared to US$8.7 million in the same period of FY18.
  • Due to interest charges, the company reported a net loss of US$7.0 million, as compared to a net loss of US$6.3 million in the H1 FY18.
  • On 30th September 2019, at the time of writing, GMT 12:21 PM, G3E shares were trading at GBX 29.60, down by 2.20 points or 6.92 per cent against the previous day closing price.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK