2007 after-tax net profit fell 28% to A$1,030 million as a result of taking on a net loss on significant items. (US$1=A$1.1). It said underlying net profit was down 15% to A$1,182 millio due to the rise in value of the Australian dollar against the greenback, higher exploration expenses and increased depreciation and amortisation which…
AUSTRALIA: Woodside reports 28% drop in net profit to A$1,030 million for 2007
Posted on February 20, 2008 by EnergyAsia