Feb 10 (Reuters) - AGL Energy Ltd (AGL) reported a 40.9% drop in first-half profit on Thursday as the Australian power producer took a hit from plummeting wholesale electricity prices.
The company said its underlying profit, which omits one-off items, came in at A$194 million ($139.33 million) for the six months to Dec. 31, compared with A$328 million a year ago. The figure beat a Morgan Stanley estimate of A$169 million.
AGL declared an interim dividend of 16 Australian cents per share, compared 41 Australian cents last year.
($1 = 1.3924 Australian dollars)
Feb 10 (Reuters) - AGL Energy Ltd (AGL) reported a 40.9% drop...
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Last
$9.78 |
Change
0.000(0.00%) |
Mkt cap ! $6.579B | |||
| Open | High | Low | Value | Volume |
| $9.77 | $9.79 | $9.71 | $12.37M | 1.267M |
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| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3006 | $9.78 |
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| Price($) | Vol. | No. |
|---|---|---|
| $9.79 | 6118 | 2 |
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| AGL (ASX) Chart |