Caltex Australia Posts 2011 Loss, Declares Dividend

Caltex Australia Ltd CTXAY reported a loss in 2011. Caltex Australia posted a net loss of A$714 million, versus a profit of A$317 in 2010. Its profit on a replacement cost of sales operating basis dropped to A$264 million from A$318 million, versus company forecast of A$245 million-A$265 million. Caltex Australia declared a final dividend of 28 cents per share, versus 30 cents per share, in the year-ago period. Its revenue from ordinary activities surged 18% to A$22.11 billion from A$18.67 billion.