Viva Energy Reports Strong Half-Year Turnaround

Viva Energy Group Ltd. (AU:VEA) has released an update.

Viva Energy Group Ltd. has reported a substantial increase in half-year revenue, climbing 13% to $14.38 billion for the period ending June 30, 2024, while also turning around last year’s loss into a profit on a historical cost basis. Shareholders witnessed a significant shift with profits surging to $80 million from a previous loss of $77.5 million. Despite a challenging market, the company has declared an interim dividend of 6.7 cents per share, showcasing their recovered financial strength.

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