Origin Energy Reports 15% Rise In Underlying Profit, Declares Dividend

Origin Energy Ltd

reported a 15% surge in its fiscal-year underlying profit. Origin Energy's bottom line net profit for the year dropped to A$186 million, from A$612 million, in the year-ago period. Its underlying profit surged to A$673 million from A$585 million. Origin Energy's revenue surged 21% to A$10.34 billion from A$8.53 billion. Origin Energy also declared a final dividend of 25 cents per share.