Cashflow down 26%. Surprising. Disappointing.
NPAT down 20%.
Production Costs up 22%.
D&A up 46%. What's that about? Is Bauna FPSO a lemon? Parts written off after maintenance? ... and we haven't even accounted for SPS-88 intervention yet ... and that's now been deferred until mid CY/FY25.
Kar En never seems to have good news. The SP suggests the market has been expecting this. Hopefully the announcement isn't as bad as markets were expecting.
Ann: 2024 Half Year Results Announcement, page-2
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Last
$1.40 |
Change
-0.030(2.10%) |
Mkt cap ! $1.091B | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.45 | $1.39 | $3.298M | 2.345M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23830 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 51420 | 4 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| KAR (ASX) Chart |