GEEC continues to successfully navigate the ramifications of the pandemic and today's interim results further underline the financial and operational resilience of the business in our view. Sales volumes and revenues grew in line with expectations during the first six months of FY22 and investors will be encouraged that the average gas sales prices received remains robust, with profits ahead of forecasts. Encouragingly, operations continue to grow with gas production increasing from a FY average ....
11 Nov 2021
Great Eastern Energy Corporation* (STRONG BUY) - Capitalising on India's growth outlook
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Great Eastern Energy Corporation* (STRONG BUY) - Capitalising on India's growth outlook
- Published:
11 Nov 2021 -
Author:
Research Archive -
Pages:
11
GEEC continues to successfully navigate the ramifications of the pandemic and today's interim results further underline the financial and operational resilience of the business in our view. Sales volumes and revenues grew in line with expectations during the first six months of FY22 and investors will be encouraged that the average gas sales prices received remains robust, with profits ahead of forecasts. Encouragingly, operations continue to grow with gas production increasing from a FY average ....