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GAS EXPLORER MALOPO AUSTRALIA BOOKS MAIDEN PROFIT OF US$531,000.
AsiaPulse News, August, 2002
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BRISBANE, Aug 22 Asia Pulse - Junior gas explorer Molopo Australia NL (ASX:MPO) today posted a maiden profit of just below A$1 million for 2001/02.
The coal bed methane gas player's $A979,000 ($US531,597) net profit for the year ended June 30, 2002, compared to a loss of A$2.7 million in the previous year.
The profit ...
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