In This Article:
Conrad Asia Energy (ASX:CRD) First Half 2023 Results
Key Financial Results
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Net loss: US$7.09m (loss widened by 49% from 1H 2022).
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US$0.09 loss per share (further deteriorated from US$0.078 loss in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Conrad Asia Energy Earnings Insights
Looking ahead, revenue is forecast to grow 61% p.a. on average during the next 3 years, compared to a 2.1% decline forecast for the Oil and Gas industry in Australia.
Performance of the Australian Oil and Gas industry.
The company's shares are down 1.3% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Conrad Asia Energy you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.