Caltex Australia Limited said it achieved higher profits on a replacement cost basis in 2003 than the previous year. The full year profit after tax of A$199.7 million on a replacement cost of sales operating profit, was up 88% from A$106.1 million in 2002. (US$1=A$1.3). This result excludes the impact of international oil price movements…
AUSTRALIA: Caltex reports profit up, debt down
Posted on March 4, 2004 by EnergyAsia