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Jadestone posts full-year loss despite 56% jump in revenue

ASIA-PACIFIC oil and gas producer Jadestone Energy posted its full-year results on Tuesday with revenue up 56% year-on-year to US$340.2 million, thanks to a higher oil price and a boost in productivity.

paul hunt
Jadestone posts full-year loss despite 56% jump in revenue

  While Jadestone had a successful year in terms of production, lifting, and sales, it recorded a US$13.7 million loss after tax.  Production for 2021 was up 10% to 12,525 barrels of oil equivalent...

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