Integrated energy company Origin Energy (ORG) has reported a 61% fall in FY net profit to $378M. Underlying profit, which is more closely watched by the market, fell 15% to $760M in line with forecasts. ORG has not given any FY14 guidance but FY15 revenue is expected to grow when the Australia Pacific Liquefied Natural Gas (APLNG) project in Queensland comes online. An unfranked final dividend of 25c per share will be paid to shareholders on the 27th September. For more information visit: (VIEW LINK)
CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...
No areas of expertise