middle.news

Why Did Karoon Energy’s Profit Halve Despite Rising Asset Value?

9:50am on Thursday 26th of February, 2026 AEDT Energy
Read Story

Why Did Karoon Energy’s Profit Halve Despite Rising Asset Value?

9:50am on Thursday 26th of February, 2026 AEDT
Key Points
  • Revenue declined 19% to US$628.6 million in 2025
  • Net profit after tax halved to US$125.5 million
  • Underlying net profit also fell sharply
  • Net tangible asset backing per share rose to $1.38
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Karoon Energy (ASX:KAR)
OPEN ARTICLE