Singapore Stock Market News
KrisEnergy's 2Q13 results
StockFanatic
Publish date: Fri, 30 Aug 2013, 12:25 PM
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Here are some key highlights on KrisEnergy's 2Q13 results that were released this morning:
- 1H13 revenue fell 21.6% YoY to US$36.8m, while EBITDAX dropped 41.8% to US$15.6m. There was a net loss of US$8.7m in 1H13 vs net loss of US$0.3m in 1H12.
- Production, excluding the Bangora gas field (final approvals for Bangladesh acquisition are pending), averaged 2,737 boepd during 1H13, with performance in 2Q13 averaging 2,528 boepd.
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