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GEAR posts 37.5% lower FY18 earnings of $53 mil despite record revenue

Michelle Zhu
Michelle Zhu • 2 min read
GEAR posts 37.5% lower FY18 earnings of $53 mil despite record revenue
SINGAPORE (Mar 1): Golden Energy and Resources (GEAR) has announced FY18 earnings of US$39.3 million ($53.2 million), down 37.5% from its FY17 earnings of US$67 million due to higher mining overheads, fuel costs, freight & stockpile expenses, as well as h
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