Caltex Limited
(ASX:CTX) has reported its net profit after tax (NPAT) fell by 17 per cent on FY16 to $265 million for the first half 2017 financial year.
In some good news for the company, its revenue strengthened over the first half of 2017, and lifted 20 per cent on FY16 to $10.1 billion.
Caltex says the total revenue increased primarily due to increases in world crude oil and product prices.
The company declared an interim dividend of 60 cents per share fully franked for FY17, up 10 cents on FY16.
Shares in Caltex Limited
(ASX:CTX) are trading 2.36 per cent higher to $34.24.
