Ampol fares better than expected over fourth quarter

AUSTRALIAN refiner and fuel retailer Ampol has fared better than analysts thought it would over the final quarter of the 2020 calendar year, however the company still posted a loss of roughly A$145 million for the 12 months ending December 31 from its refining business.

Ampol fares better than expected over fourth quarter Ampol fares better than expected over fourth quarter Ampol fares better than expected over fourth quarter Ampol fares better than expected over fourth quarter Ampol fares better than expected over fourth quarter

 

Over the December quarter Ampol, formerly known as Caltex, managed to shrink its losses to A$4 million from its Lytton refinery, despite analysts predicting a loss of more than $20