Beach posts profit surge

GOOD times keep rolling in for Beach Energy as the Adelaide-based company reported a sales revenue rise of 147% to A$955 million for the first half of financial 2019, a 199% increase in underlying net profit after tax of $279 million and a fully franked interim dividend of one cent per share in its latest half year report. 

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Beach Energy CEO Matt Kay

"Today Beach is in really good shape, onshore and offshore expertise … we have a business that generates robust and stable revenues via stable gas contracts… we do all of this to