India, Feb. 23 -- APA Group (APA.AX) reported that net profit after tax for the first half of 2025 dropped to A$34 million from A$1.049 billion in the first-half of 2024. This decrease was primarily due to the prior period's acquisition of the Pilbara Energy business and the associated the first half of 2024 gain from remeasuring APA's previously held 88.2% interest in the Goldfields Gas Pipeline.
Profit attributable to unitholders of the parent for the period dropped to A$18 million from A$1.042 billion in the previous year. Earnings per security were 2.6 cents compared to 84.2 cents in the prior year.
Underlying EBITDA were up 9.1% to A$1.015 billion from the prior year's $930 million, underpinned by strong performance from new assets, ...