Caltex Australia Ltd Issues H1 2013 Net Profit Guidance-DJ

Australian Associated Press reported that Caltex Australia Ltd for first half of 2013, it expects net profit of between $160 million and $175 million, down from $197 million in the same period last year. The profit forecast is on a replacement cost basis, which excludes the effect of changes in world oil prices and reflects the Company's underlying performance. Pre-tax earnings had dropped by about $5 million because of the dollar's fall, from nearly USD1.04 to USD0.93 in the space of six weeks, and a lag in passing that change on to customers, Caltex said.