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FX Daily Updates
Capricorn Energy posts first-half loss, maintains production outlook
georgemiller
Publish Date: Thu, 18 Sep 2025, 06:33 AM
Sept 18 (Reuters) - Oil producer Capricorn Energy (CNE.L) , opens new tab posted a first-half pretax loss from continuing operations on Thursday, dragged by hurdles in its main market Egypt, but said it remains "on track" to deliver its annual production forecast.
Capricorn reported a loss before taxation from continuing operations of $7.5 million for the six-month period ended June 30, down from a profit of $16.4 million last year.
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https://www.reuters.com/business/energy/capricorn-energy-posts-first-half-loss-maintains-production-outlook-2025-09-18/