MARKETS

Seven Group cashes in on east coast gas demand

SEVEN Group Holdings, which owns subsidiary SGH Energy and a 28% stake in mid-cap Beach Energy, has continued its positive run of earnings, noting a jump in total group underlying revenue profits to A$479 million.

 SGH managing director and CEO Ryan Stokes.

SGH managing director and CEO Ryan Stokes.

  SGH's 28% stake in Beach proved lucrative with the interest bringing in over $158.4 million in Net Profit After Tax - a rise of 54% on 2018. According to SGH it has invested an additional $111...

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