Renergen loss falls on improved gas margins
After-tax loss narrows from R33.8m to R26.7m for the year to end-February, preliminary results show
02 May 2023 - 15:11
Natural gas producer Renergen’s after-tax loss will narrow from R33.8m to R26.7m for the year to end-February, according to preliminary results issued as per Australian stock exchange requirements.
The group reported a gross profit of R4m for the year under review compared with a gross loss of R800,000 the year before. This was because of improved margins from its liquefied natural gas (LNG) operations, which began in September 2022...
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