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Harbour Energy Swings to H1 Attributable Profit; Revenue Rises

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Harbour Energy (HBR.L) said Thursday that it swung to a profit in the first half, while revenue rose year over year.

Profit attributable to equity owners of the company for the six months ended June 30 was $388 million, compared with a loss of $207 million a year earlier. EPS was $0.2, compared with a loss per share of $0.12.

The oil and gas group's revenue was $6.39 billion, compared with $5.18 billion a year ago.

Meanwhile, the board declared an interim dividend of $0.0805 per share, payable on Sept. 24 to shareholders on record Aug. 14. It previously paid $0.1319.

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