You are here

KrisEnergy back in the black on one-off gains

Friday, May 15, 2015 - 05:50

Revenue for the quarter plunges 46.2 per cent to US$11.42 million. FILE PHOTO


DESPITE a trying time for the crude oil industry, oil exploration and production firm KrisEnergy has swung to a net profit of US$46.3 million for the first quarter ended March, from a net loss of US$17.97 million a year ago.

The group said that the surge in earnings was

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom