In This Article:
Geo Energy Resources (SGX:RE4) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$84.3m (down 24% from 3Q 2023).
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Net income: US$7.05m (down 39% from 3Q 2023).
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Profit margin: 8.4% (down from 10% in 3Q 2023).
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EPS: US$0.005 (down from US$0.008 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Geo Energy Resources Earnings Insights
Looking ahead, revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 1.6% decline forecast for the Oil and Gas industry in Asia.
Performance of the market in Singapore.
The company's shares are down 1.9% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Geo Energy Resources that you should be aware of.
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