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BRIEF-Geo Energy Resources Says Net Profit Decreased By 60% YoY To $16.0 Million In 1Q2023

May 12 (Reuters) - Geo Energy Resources Ltd:

* NET PROFIT DECREASED BY 60% YOY TO US$16.0 MILLION IN 1Q2023

* REVENUE DECREASED BY 13% YEAR-ON-YEAR TO US$131.9 MILLION IN 1Q2023

* DECLARES AN INTERIM DIVIDEND OF 0.5 SG CENT PER SHARE Source text for Eikon: Further company coverage: