Great Eastern Energy Corporation Limited Revenue Declines To $ 19.21Million In H1 FY 2020

  • Nov 07, 2019 GMT
  • Team Kalkine
  • Great Eastern Energy Corporation Limited (GEEC) has released the half year results for the six months ended 30 September 2019.
  • The company’s revenue for the reported period stood at $ 19.21 million on actual basis and $ 19.62 million on a constant currency basis as compared to $ 20.71million reported in H1 FY 2019.
  • EBITDA on an actual basis stood at $ 11.15 million and $ 11.39 million on a constant currency basis as compared to $ 12.69 million in the same period last year.
  • Cash Profit of the company stood at $ 6.18 million on an actual basis and $ 6.31 million on a constant currency as compared to $ 7.07 million for H1 FY 2019.
  • On 7th November 2019, at the time of writing, GMT 08:08 AM, GEEC shares were trading at GBX 19.00, up by 1.00 points or 5.56 per cent against the previous day closing price.

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