Regal Petroleum boosts net revenues 74% yoy in 2009
26 April 2010
Regal Petroleum (AIM: RPT LN) increased its net revenues 74% yoy in 2009 to USD 19.9 mln, according to audited financial results published this morning. The oil & gas exploration and production group also said that it increased gross profit 136% yoy to USD 13.6 mln. Regal’s net loss after tax was reduced 81% yoy to USD 9.8 mln. Regal said that as of end-2009, it had USD 118.6 mln in cash, USD 20.1 mln in stock and no debt.
