Central Petroleum Posts Lower Fiscal H1 Earnings as Revenue Drops; Shares Up 6%

MT Newswires Live
11 Mar

Central Petroleum (ASX:CTP) reported Monday that its fiscal half-year diluted earnings fell to AU$0.002 per share from AU$0.0184 per share a year ago.

Revenue from contracts with customers for the six months ended Dec. 31, 2024, declined 5% to AU$18.9 million from AU$19.9 million a year ago.

Central Petroleum's shares were up 6% in recent trade.

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