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General Business
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Genesis ups its dividend despite falling underlying profit

Genesis says it’s been investing for the future.

Jenny Ruth
Wed, 29 Aug 2018

Genesis Energy’s annual net profit fell sharply because of non-cash fair value adjustments but operating profit and cash flow rose.

Genesis reported a $20 million net profit for the year ended June, down from $119m the previous year but earnings before interest, tax, depreciation, amortisation

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Jenny Ruth
Wed, 29 Aug 2018
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Genesis ups its dividend despite falling underlying profit
General Business,
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