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
$1.65 |
Change
0.035(2.17%) |
Mkt cap ! $1.281B | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.69 | $1.63 | $12.23M | 7.389M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 228084 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 78806 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| KAR (ASX) Chart |