APLNG a saving grace for Origin

ORIGIN Energy posted an underlying profit of $1.02 billion for the year, almost unchanged from a year ago, but the company today told shareholders it expects revenue to take a hit in the coming 12 months due to soft demand and its domestic energy retailing business.

APLNG a saving grace for Origin APLNG a saving grace for Origin APLNG a saving grace for Origin APLNG a saving grace for Origin APLNG a saving grace for Origin

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Free cash flow increased by $105 million on the back of the record production at the Australia Pacific LNG project in Gladstone, Queensland. The APLNG facility shipped its 500th cargo in June.