East coast gas prices cost Orica $12M

EXPLOSIVES maker Orica has reported lower full-year EBIT thanks in part to higher gas prices on Australia’s east coast.

East coast gas prices cost Orica $12M East coast gas prices cost Orica $12M East coast gas prices cost Orica $12M East coast gas prices cost Orica $12M East coast gas prices cost Orica $12M

CEO Alberto Calderon

It was down 9% to A$605 million over the prior corresponding period and higher east coast gas costs had a $12 million impact, the company said today.