The company expects an even better 4QFY2021 as both selling prices and production volume had further increased from 3Q.
Lifted by record prices of coal, producer Geo Energy Resources has reported 3QFY2021 net profit from operations of US$45.5 million, a big swing from a loss of US$6.3 million in the year-earlier period.
Revenue in the same period was up 159% y-o-y to US$153.6 million.

