Inpex Corp

1605: XTKS (JPN)
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Inpex Earnings: Earnings Strength and Healthy Balance Sheet Appeal

Inpex reported a 2% increase in underlying 2024 NPAT to JPY 443 billion. Revenue rose 5% to JPY 2,265 billion on steady production and higher average pricing. A 12% jump in depreciation to JPY 359 billion was a partial offset. The full-year dividend rose 16% to JPY 86 per share on a 24% payout.

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