Santos Limited
(ASX:STO) has posted a 155 per cent jump in profit. For the six months to June 30, Santos posted a net profit of $504 million.
Revenue increased one per cent to more than $1 billion.
Chief Executive David Knox says that while adverse weather conditions in central and Western Australia affected operations in the first half, the company delivered a good operational and financial performance.
An interim dividend of 15 cents per share fully franked has been declared.
