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Santos Annual Net Profit Down 31%

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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.

Posted-In: profitEarnings News

 

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