Caltex Australia Posts Drop In Profit
Caltex Australia (OTC: CTXAY) reported a drop in its annual profit.
Caltex Australia's net profit on a replacement cost basis fell 28% to 332 million Australian dollars (US$298 million). The company in December expected a profit of A$320 million to A$340 million.
Caltex Australia shares closed at $37.00 on Friday.
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