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Origin loss deepens

ORIGIN Energy has reported a loss of $2.22 billion for 2016-17, driven by a crippling writedown of $3.1 billion, which principally came from an impairment on the Australia Pacific LNG project.

Haydn Black
Origin loss deepens

The loss was multiples of the $628 million loss posted in 2015-16, and was more than enough to wipe out the benefits of operational performance improvements from the ledger, but Origin says that it expects...

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