Stock Analysis
Geo Energy Resources (SGX:RE4) First Quarter 2024 Results
Key Financial Results
- Revenue: US$99.0m (down 25% from 1Q 2023).
- Net income: US$8.66m (down 46% from 1Q 2023).
- Profit margin: 8.7% (down from 12% in 1Q 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 26% p.a. on average during the next 3 years, compared to a 1.7% decline forecast for the Oil and Gas industry in Asia.
Performance of the market in Singapore.
The company's shares are down 5.2% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for Geo Energy Resources that you need to take into consideration.
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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.
About SGX:RE4
Geo Energy Resources
An investment holding company, engages in the mining, production, and trading of coal.
Exceptional growth potential and undervalued.
