Coal miner Indika Energy (INDY) suffered loss of US$15.73 million in the first half (H1) of 2020, against profit of US$24 million in the corresponding period of 2019, as it recorded foreign exchange (forex) loss of US$10 million. In H1 last year, Indika recorded forex gain of US$0.6 million. The company’s revenue also fell 18% to US$1.13 billion from previous US$1.38 billion.

To subscribe please click here