Santos maintains strategy despite profit drop

SANTOS has recorded a 66% drop in net profit for the first half of the year due to lower oil and gas prices, but says it has a strong balance sheet to continue to deliver its LNG growth strategy.

Santos maintains strategy despite profit drop Santos maintains strategy despite profit drop Santos maintains strategy despite profit drop Santos maintains strategy despite profit drop Santos maintains strategy despite profit drop

Net income fell to $102 million in the six months ended June 30, from $303.

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