Cue Energy Resources (ASX:CUE) announced that no dividends were paid, recommended, or declared during the current financial year.

The company’s profit from ordinary activities after tax decreased by 5.3%, amounting to A$15.2 million.

On the other hand, their revenues from ordinary activities saw a positive growth of about 16.1%, accumulating to A$51.6 million.

Cue Energy Resources anticipates the commencement of gas production from Paus Biru by 2025.

Cue Energy Resources is an oil and gas exploration and production corporation with a presence in numerous countries.