Dollar hits Caltex first half earnings

Already weighing up refinery closures, Caltex warns of hit to first half earnings

Caltex Australia Ltd has flagged a decline in first-half profit because of the Australian dollar's sharp drop and a recent pipeline outage at a refinery.

In a statement to the Australian Securities Exchange after the market close last night, Caltex forecast a net profit of between $160 million and $175 million in the six months to June 30, down from $197 million in the same period last year.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles