SINGAPORE: Falcon Energy posts net profit of US$28.1 million on turnover of US$89.2 million for 2009

(EnergyAsia, March 24 2010, Thursday) — Singapore-listed Falcon Energy Group Ltd (FEG) has reported making a net profit after tax and minority interest of US$28.1 million for the year ended December 31 2009, up slightly from US$27.6 million for the previous year. Group turnover increased 51% to US$89.2 million from US$59.1 million achieved during fiscal…

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