(EnergyAsia, March 2) — Australian upstream company Santos more than doubled its net profit to a record A$762 million last year, up 115% from A$355 million in 2004 and eclipsing the company’s previous highest annual profit of A$487 million achieved in 2000. (US$1=A$1.33). The company said the profit milestone was driven by a 64%…
AUSTRALIA: Santos’ 2005 net profit doubles to record A$762 million
Posted on March 2, 2006 by EnergyAsia