Beach gives mixed guidance

BEACH Energy has revised up its potential FY13 half-year underlying net profit after tax by 17%, but says its reportable NPAT may fall 22% due to an accounting adjustment.

Beach gives mixed guidance Beach gives mixed guidance Beach gives mixed guidance Beach gives mixed guidance Beach gives mixed guidance

It told the market this morning that it was expecting the rise in underlying NPAT due to "record half-year sales revenue", driven by a higher proportion of oil sales volume at $A110 per barrel.

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