ORG origin energy limited

News: ORG Australia's Origin Energy posts 45 pct rise in Q2 revenue

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    Jan 31 (Reuters) - Australia's top electricity and gas retailer Origin Energy Ltd (ORG) on Thursday reported 45 percent rise in second-quarter revenue, helped by higher effective oil prices and realised spot LNG prices.

    Origin, which controls about one third of the country's energy retailing market, said revenue for the quarter ended Dec. 31 rose to A$650.5 million ($471.42 million) from A$449.3 million a year earlier. ($1 = 1.3799 Australian dollars)

 
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