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Santos H1 Net Profit Down 48%

Monica Gerson, Benzinga Staff Writer
August 17, 2012 4:55 AM
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Tickers: SSLTY
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Santos Ltd (OTC: SSLTY) reported a 48% drop in its profit for the first half.

Santos's net profit for the period declined to A$262 million, versus A$504 million, in the year-ago period. Its underlying profit surged 20% to A$283 million, versus analysts' estimates of A$272 million.

The company also declared an interim dividend of $0.15 per share.

Santos shares gained 1.18% to close at $12.00 yesterday.

(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Tags: profit

Posted in: Earnings, News

 

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