(EnergyAsia, August 25, Monday) – Caltex Australia Ltd, the country’s only listed downstream oil company, said lower refining margins contributed to a 33% decline in its first-half profit to A$196 million. (US$1=A$1.14). The company said it will pay an interim dividend of A$0.36 per share. Managing director Des King said the company had benefited from…
AUSTRALIA: Caltex reports 33% drop in first-half profits
Posted on August 24, 2008 by EnergyAsia