RSS Feed     Twitter     Facebook

Straits Asia Resources posts 2% drop in 1H net to US$57m

Font size:

Mainboard-listed Straits Asia Resources says it reported another strong set of operational results for the first half of 2009.

Sales revenue rose 19% to US$315 million ($451 million), thanks to its decision to sell forward large quantities of its 2009 production before the global financial crisis hit international coal markets.

Production also fell in line with expectations, it added.

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • E-mail this story to a friend!
  • Live
  • StumbleUpon
  • Technorati
  • TwitThis
You can leave a response, or trackback from your own site.

Leave a Reply