Australia's Beach Energy hits more than 2-1/2-year low on lower annual profit
12/08/2024 06:51
Aug 12 (Reuters) - Shares of Australia's Beach Energy
BPT.AX fell more than 13% on Monday to hit their lowest level
since late December 2021, after the oil and gas explorer
reported a dip in annual earnings.
The firm's annual underlying net profit after tax fell by
11% to A$341 million ($224.34 million).
($1 = 1.5200 Australian dollars)
(Reporting by Rajasik Mukherjee in Bengaluru; Editing by
Subhranshu Sahu)
((Rajasik.Mukherjee@thomsonreuters.com;))
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