81 per cent drop in profit for energy firm

81 per cent drop in profit for energy firm

81 per cent drop in profit for energy firm The impact of the lower oil prices has meant an 81 per cent drop in profits at Husky Energy. Revenue after royalties was $4.39 billion in the second quarter, down from $6.31 billion a year ago and profit was down to $120 million from $628 million a year ago. Higher taxes also impacted profit.