Karoon HY25 Appendix 4D

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Stock Karoon Energy Ltd (KAR.ASX)
Release Time 27 Aug 2025, 9:46 a.m.
Price Sensitive Yes
 Karoon Releases HY25 Appendix 4D
Key Points
  • Revenue from ordinary activities down 25% to US$308.3 million
  • Net profit after tax up 15% to US$71.0 million
  • Underlying net profit after tax down 61% to US$45.0 million
  • Interim dividend of 2.4 AUD cents per share declared
Full Summary

Karoon Energy Ltd has released its Appendix 4D for the half-year ended 30 June 2025. The company reported revenue from ordinary activities of US$308.3 million, down 25% from the previous corresponding period. Net profit after tax attributable to members increased 15% to US$71.0 million, while underlying net profit after tax declined 61% to US$45.0 million. The company's net tangible asset backing per ordinary share increased to $1.31 from $1.17 in the prior period. No controlled entities were acquired or disposed of during the current or previous corresponding period. The directors have resolved to pay an interim dividend of 2.4 AUD cents per share, with an ex-dividend date of 1 September 2025, a record date of 2 September 2025, and a payment date of 29 September 2025.