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AAP
AAP
Business
Marion Rae

Origin Energy sinks on FY23 uncertainty

Origin Energy has left investors on edge after reporting a loss for full-year 2022 and failing to provide profit guidance for the year ahead.

The gas and electricity company on Thursday reported a statutory loss of $1.429 billion for the year ended June 30, after writing off $2.196 billion associated with the hedging of high wholesale prices.

Shares in Origin fell 6.9 per cent, or 42 cents, to $5.65 in late morning trade, reflecting the company's uncertainty about 2023.

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