MARKETS

APA expects Orbost impairment 

APA Group has announced before its Tuesday results that it expects to recognise a non-cash A$249 million impairment on the Orbost gas plant. 

APA expects Orbost impairment 

This reflects the higher spend and reassessment of the plant's future cash flows after commissioning work in the six-month reporting period.    The impairment reflects production levels, it said. ...

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