Santos narrows loss on back of sales growth

SANTOS has posted a narrower loss of US$360 million for 2017, down from the US$1.047 billion recorded in 2016.

Santos narrows loss on back of sales growth Santos narrows loss on back of sales growth Santos narrows loss on back of sales growth Santos narrows loss on back of sales growth Santos narrows loss on back of sales growth

Kevin Gallagher

Absent impairments and other one-off costs, the company recorded an underlying profit of $336 million, up a significant 433% on the 2016 result, with the positive result was attributed to strong sales