Geo Energy Resources Limited, a major Indonesian coal producer, booked net profit of US$14.6 million for the three months ended 31 March 2017 (Q1-2017), against a loss of US$2.9 million in Q1 last year. The Group’s revenue reached US$99.3 million, compared to US$11.9 million only in Q1 of 2016, mainly driven by the increased volume of coal delivered from the Group’s SDJ mine, and higher coal prices. The Group’s revenues was also an increase of 8.0% from US$91.9 million in Q4 of last year, including the revenue from coal trading and new coal mining management services during the period. Coal trading and coal mining management services contributed US$11.7 million and US$0.3 million respectively to Q1 this year. Geo Energy did not have any revenues from these two segments in Q1 last year.