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Net profit loss of $92 million for Woodside

John Fernando Woodside Energy announced a net loss of $92 million for 2002, a decrease of 10.8% over the underlying 2001 profit of $817.8 million. The net profit for 2002 was $729.4 million. The company said that the decrease in profits was due to lower ...

Net profit loss of $92 million for Woodside

John Fernando Woodside Energy has reported a net loss of $92 million for 2002 following a one-off reduction of $715 million due to a change in accounting practice and a $106 million loss from its investment in Oil Search Limited. Before these items ...