Ampol, the largest fuel seller in the country, revealed its net profit after tax on a replacement cost basis had dropped from $344 million in 2019 to $212 million over 2020.
FUEL refiner and supplier Ampol posted a $132 million fall in profits as its Lytton refinery took heavy losses due to demand destruction wrought by COVID-19 over the last 12 months.
Ampol, the largest fuel seller in the country, revealed its net profit after tax on a replacement cost basis had dropped from $344 million in 2019 to $212 million over 2020.