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Archive: 27/08/2019

New Zealand Oil & Gas FY19 Loss Of $2.9 Million

Posted on 27 August 2019

New Zealand Oil & Gas has recorded a net loss of NZ$2.9 million for the year ended 30 June 2019 compared to a net profit in the previous year of NZ$4.8 million.

The net loss attributable to shareholders of New Zealand Oil & Gas was $7.5 million, compared to a net profit of $0.8 million last year.

Revenue for the 2018-19 year was $43.3 million, up from $35.8 million in the prior corresponding period.

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