(EnergyAsia, May 8) — Singapore-listed upstream company PEARL Energy Limited said its first quarter net profit rose sharply to US$8 million from just US$21,000 a year ago. Thanks to higher oil prices and increased production the company’s gross revenue grew 268% to US$70 million from US$19 million while net revenue was up 338% to US$57…
SINGAPORE: PEARL Energy reports sharp rise in 1Q profit and revenue
Posted on May 8, 2006 by EnergyAsia