N.Z. Pet. profit
PA Wellington A listed oil explorer, New Zealand Petroleum Company, Ltd, has made an interim profit of $380,000 for the six months ended November 30. The profit was based on revenue of $BO,OOO ($43,000), but includes unrealised exchange gains of
$613,000. Last year there were exchange losses of $154,000 giving an interim loss of $378,000 for a nine month period ended November 30, 1984. Exploration costs of $105,000 in respect of a surrendered licence were written off. Total exploration expenditure to date is $5,576,000.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/CHP19860201.2.149
Bibliographic details
Ngā taipitopito pukapuka
Press, 1 February 1986, Page 22
Word count
Tapeke kupu
87N.Z. Pet. profit Press, 1 February 1986, Page 22
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
Ngā mihi
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in