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AUSTRALIA'S ALINTAGAS EXCEEDS PROFIT FORECAST.

Publication: AsiaPulse News

Publication Date: 06-FEB-01
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COPYRIGHT 2001 Asia Pulse Pty Ltd

PERTH, Feb 6 Asia Pulse - Privatised AlintaGas Ltd (ASX:ALN) rewarded its 116,000 shareholders today, posting an inaugural half year net profit that matched its full year forecasts.

AlintaGas reported a net profit for the six months to December 31, 2000 of $A26.2 million ($US14.34 million), slightly exceeding the $A26.1 million ($US14.28 million) profit forecast in its prospectus...

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