Interoil swings to net profit of USD 24.12 million in H1 FY26; revenue drops 39.58% to USD 5.8 million

Reuters2026/08/31 18:39

By:Reuters

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InterOil Exploration and Production ASA swung to net profit of USD 24.12 million, driven by a USD 25.75 million gain on a discontinued operation.
Revenue rose 4.39% to USD 4.97 million, while operating income turned positive at USD 1.31 million.
Net result from continuing operations widened to a loss of USD 1.63 million, as net finance expenses increased 4.22% to USD 2.65 million.
Gross operated production fell 60.74% to 123,298 boe, reflecting the February 2026 divestment of Argentina and natural field declines in Colombia.
Bondholders authorized July interest settlement in kind, while shareholders backed a share capital reduction to support a long-term capital structure plan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. InterOil Exploration and Production ASA published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Interoil swings to net profit of USD 24.12 million in H1 FY26; revenue drops 39.58% to USD 5.8 million

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