MARKETS

Cue Energy's H2 FY2022 revenue up 91%

CUE Energy has posted a 91% increase in revenue to A$18 million and a 700% improvement in EBITDAX of A$12.3 million in its 2022 half yearly results for financial 2022.

File photo: Australian currency

File photo: Australian currency

Cue sits on A$8.2 million profit after tax, driven by a 41% daily oil production increase in its Mahato PSC in Central Sumatra, Indonesia.  Cue holds a 12.5% interest in Mahato.  While the company...

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