Geo Energy posts loss in Jan-Sep on lower prices, demand

摘要

Singapore’s Geo Energy Resources swung to a netloss of $9.3 million in January-September, from a net profitof $13.9 million a year ago, partly due to lower coal pricesand weak demand for Indonesian low calorific value coal, thecompany said Thursday.Geo said its coal sales volume declined year on year, butdid not provide any details on sales and production figuresfor the period.