Santos Annual Net Profit Down 31%
Australian Santos (OTC: SSLTY) reported a drop in its annual net profit.
Santos' net profit for the year declined 31% to 519 million Australian dollars (US$531 million).
Its underlying profit surged 34% to A$606 million, versus analysts' estimates of A$586 million.
Santos shares fell 6.06% to close at $12.10 yesterday.
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