Indonesia Energy net loss narrows 33.35% to $1.88 million in 1H FY26; revenue rises 66.38% to $1.78 million in 1H FY26

Bitget2026/09/24 20:32

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Indonesia Energy posted a net loss of USD 1.88 million for the six months ended June 30, 2026, narrowing 33.34%.
Revenue rose to USD 1.78 million, up 66.38% from the year-earlier period.
Operating loss narrowed to USD 1.69 million, while loss per share improved to USD 0.12 from USD 0.19.
Net cash used in operating activities fell to USD 2.09 million, and cash climbed to USD 5.57 million at June 30, 2026.
Spudded the K-29 well on July 25, 2026; drilling finished in August, with production expected to start in late September.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Indonesia Energy Corporation Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-044153), on September 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Indonesia Energy net loss narrows 33.35% to $1.88 million in 1H FY26; revenue rises 66.38% to $1.78 million in 1H FY26

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