Caltex Australia posts H1 profit rise

Company News

Caltex Australia Limited (ASX:CTX) has improved its profit over the first half of the 2015 financial year.  

The transport fuel supplier reports its unaudited historical cost profit after tax, including significant items, lifted to $375 million from $163 million the year before. 

The result was aided by a $28 million property sale in Western Australia and a product and crude oil inventory gain of about $95 million.  

On a replacement cost operating profit basis, excluding significant items, after tax profit lifted to $251 million from $173 million the year before. 

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