The first half of 2025 has been nothing short of impressive for Geo Energy. Key financial achievements include:

• Revenue surge: Up 71% to US$289.5 million compared with US$169.4 million a year ago.
• Sales volume: Nearly doubled to 6.3 million tonnes from 3.2 million tonnes in the same period last year.
• Production growth: More than doubled to 6.6 million tonnes from 2.8 million tonnes.
• Profitability: Net profit rose 76% to US$20.1 million, while the company sustained a healthy cash profit of US$10.19 per tonne.

Cash profit per tonne refers to the actual profit earned after covering direct costs of producing each tonne of coal—a key measure of efficiency and operational health.

Shareholder Rewards

The company has maintained its commitment to rewarding investors:

• Declared an interim dividend of 10 Singapore cents per share for the second quarter of 2025.
• This comes on top of the 0.25 Singapore cents per share paid earlier in May 2025.
• Geo Energy upholds a dividend policy of distributing at least 30% of net profit to shareholders.

Infrastructure Development for Future Growth

One of the most significant projects under development is the PT Marga Bara Jaya (MBJ) integrated infrastructure project, expected to be completed by June 2026. This project includes a dedicated highway and port facilities to streamline coal transport.

• Capacity: Up to 40–50 million tonnes annually.
• Strategic impact: Substantial reduction in transportation costs and the potential to raise production at the TRA mine to 20–25 million tonnes per year.

These improvements are set to provide Geo Energy with a long-term competitive edge in cost efficiency and scale.

Market Outlook and Strategic Moves

Several factors position Geo Energy favorably for continued growth:

• Energy demand drivers: Rising electricity needs in Asia, driven by economic expansion, industrialization, and the global boom in AI and data centers.
• Coal market fundamentals: Industry experts forecast Indonesian Coal Index (ICI4) prices to remain between US$46–51 per tonne through 2025–2026.
• Geo Energy has also received approval to increase production capacity at the TBR mine to 8.5 million tonnes, putting it on track to exceed its 2025 production target of 10.5–11.5 million tonnes.

Conclusion

Geo Energy Resources’ first-half results in 2025 underline its ability to scale production, capture market demand, and deliver profits while rewarding shareholders. With infrastructure projects poised to unlock significant future capacity, and strong demand drivers supporting coal in Asia, the company is steadily advancing toward its ambition of becoming a billion-dollar integrated energy group.

By combining operational efficiency, forward-looking investments, and consistent shareholder value, Geo Energy stands out as a strong performer in the region’s energy sector—well-positioned to power ahead in the years to come.

Disclosure: The information contained in this article has not been independently verified and it is not the intention for this document to be a complete or comprehensive analysis of the Company's business, financial position or results of operations. Not investment advice.