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AP Oil expects significant decrease in profit after tax for FY2023

Bryan Wu

The company expects to announce its unaudited consolidated financial results for FY2023 on Feb 28.

The board of AP Oil International 5AU has announced that it expects to report a significant decrease in profit after tax for the FY2023 ended Dec 31, 2023, as compared to FY2022.

The profit guidance follows a preliminary review of the information currently available to the board. The company expects to announce its unaudited consolidated financial results for FY2023 on Feb 28.

Shares in AP Oil closed unchanged at 11.9 cents on Feb 19.

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