SYDNEY (AFX-ASIA) – Santos Ltd shares have fallen as the company’s reduced first half sales revenue has led analysts to reduce their earnings forecasts for the company, dealers said. Santos reported first half to June sales of A$673.12 million (US$1=A$1.8), down 10.4% from a year earlier following a 20.9% fall in realised oil prices although…
COMPANY: Australia’s Santos lower on H1 sales, broker downgrades
Posted on August 1, 2002 by EnergyAsia