Beach announces revenue boost for March 18 Qtr

Company News

by Anna Napoli

Beach Energy (ASX:BPT) has announced an 89 per cent rise in sales revenue to $393 million for the March 2018 quarter.

Production is up 150 per cent on the same time last year.

Total capital expenditure rose to $86 million from $37 million in the prior corresponding period.

The company says the boost in revenue was due to the contribution of new assets.

Shares in Beach Energy (ASX:BPT) Have jumped 1.5 per cent since the announcement to $1.54

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