Thursday 02 July 2020 - 10:32:58 am
Business
2020 Jul 01 Wed, 11:44:57 pm

Brooge Energy reports record revenue of $44 million

NEW YORK,1st July 2020 (WAM) -- Brooge Energy Limited, today announced its financial results for the full year ended December 31, 2019. Revenue for the full year 2019 increased 23% to $44 million, compared to $36 million in the full year 2018. Gross profit for the full year 2019 was $34 million, resulting in gross margin of 77%, compared to $26 million for the full year 2018. "We are pleased to report record financial results for the full year 2019," said Nicolaas L. Paardenkooper, Chief...