The company posted an after-tax profit of more than A$40 million (US$29.5 million) for the 12 months to 30 June, recovering from the previous financial year loss of almost A$2.2 million.
Helping the company bounce back into the black was a rise in revenue, from A$32.2 million to A$36.9 million, which Cue attributed to increased revenue from the Maari oilfield in New Zealand and gas production from the Wortel field in Indonesia.
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