AGL Energy (OTC: AGLNY) reported an increase in first-half profit.
AGL Energy's net profit for the six months jumped to 364.7 million Australian dollars (US$373 million).
Its underlying net profit climbed 20% to A$279.4 million.
THE coal seam gas industry in NSW is set for a fivefold expansion after the federal government approved the first stage of AGL Energy's Gloucester Gas project, subject to conditions including a new hydrogeological study.
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