Afren plc (AFR.L,AFRNF.PK) reported that its fiscal 2012 profit from continuing operations before tax increased to $594 million from $221 million last year. Profit for the year was $203.4 million, or 17.9 cents, compared to $121.7 million or 11.5 cents prior year. Normalised profit after tax was $244 million, compared to $125 million prior year.
Revenue increased to $1.50 billion from $597 million prior year. The company said the increase arises from a full year of production from the Ebok field, which contributed $1.15 billion compared to $272 million prior year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.