Beach Energy (ASX:BPT) has seen their net profit after tax of $199 million fall down 49 per cent on the corresponding period, impacted by exploration asset impairment and non-recurring items such as acquisition and integration costs.
They saw sales revenue of $1.25 billion, up 92 per cent on the corresponding period.
Beach benefited from the successful acquisition and integration of the former Lattice Energy assets.
They are offering fully franked final dividend of 1.0 cent per share.
Shares in Beach Energy (ASX:BPT) is down 8.98 per cent to $1.70