Sydney - Wednesday - Sep 14: (RWE Australian Business News) - Molopo Energy Ltd (MPO) today reported a net profit of $84.4m for the year ended June 30.
This compares with last year's net profit of $2.6m and reflects a number of one-off items, including the sale of Molopo's Spearfish asset in Manitoba for a net gain of $138.4m and various costs associated with its management restructure in the second half.
Total revenue was $14.45m, up from $7.31m.
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