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Beach Energy Surges to $222M Profit, Boosts Interim Dividend
8:27am on Thursday 6th of February, 2025 AEDT
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Energy
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Beach Energy Surges to $222M Profit, Boosts Interim Dividend
8:27am on Thursday 6th of February, 2025 AEDT
Key Points
Net profit after tax of $222.3 million, a 164% increase from prior loss
Sales revenue rose 5% to $989.8 million, supported by higher gas prices and production
Cost of sales decreased by 5%, improving gross profit by 37%
Waitsia Gas Plant commissioning underway, targeting first gas in Q4 FY25
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Beach Energy (ASX:BPT)
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