BRIEF-Origin Energy says HY net profit $322 mln vs $524 mln a year ago

Thu, 20 Feb - 8:15am

Feb 20 (Reuters) - Origin Energy Ltd ORG.AX :

* Org half year results - end 31 December 2013 ORG.AX

* Says interim dividend determined subsequent to 31 December 2013 25 cents per

security

* HY revenue down 3 percent to $7.24 billion

* HY net profit $322 million versus $524 million

* Exploration & production is expected to continue to benefit from the improved availability of its existing assets in the remainder of the 2014 financial

year"

* Australia pacific lng continues to make good progress on the delivery of the csg to lng project and is 58% complete on the upstream and 62% on the

downstream parts of the project"

* Says "Australia pacific lng project remains on track for first lng in mid-2015 and estimated costs to complete are in line with budget"

* Source text for Eikon News Search ID:nASX3MFSzx

* ((For more news, please click here ORG.AX ))

((Bangalore Newsroom; +91 80 6749 1130))

URN: 
urn:newsml:reuters.com:20140219:nWNBS00BXL:9
Topics: 
ELG ELEU CMPNY UTIL ENR BLR RTRS ENEQ ENER OILI OILG RES PWR AU OILQ RNWPWR NGS RNW COM ASIA SOLPWR LEN BACT DRIL RENE NRG EXPL

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