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Oil Search H1 Net Profit Down 6.2%

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Oil Search Ltd (OTC: OISHY) reported a 6.2% drop in its first-half net profit.

Oil Search's net profit for the period declined to US$107.5 million, versus US$114.5 million, in the year-ago period. However, analysts were expecting a net profit of US$106.7 million.

Oil Search also declared an interim dividend of 2 US cents a share.

Oil Search shares gained 0.20% to close at $74.70 yesterday.

Posted-In: profitEarnings News


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