1 September 2022 - interim results
The independent natural gas company which is focused on Tanzania has announced impressive interim results for the six months to 30 June 2022. Revenues for the period rose 32% to $15.45m helped by high levels of production and a higher gas price and this resulted in adjusted pre-tax profits of $6.0m (2021: $2.9m). Earnings per share rose to $0.03 (2021: $0.018) and an interim dividend of 0.8 cents was declared, an increase of 10% over last year. The company ended the period with net cash of $27.4m . . .
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