Ampol profits hit hard again as refining losses mount

FUEL refiner and retailer Ampol, formerly Caltex, has posted its unaudited financial results for the third quarter, noting its refining business had again weighed on the company’s profits.

Ampol profits hit hard again as refining losses mount Ampol profits hit hard again as refining losses mount Ampol profits hit hard again as refining losses mount Ampol profits hit hard again as refining losses mount Ampol profits hit hard again as refining losses mount

 

Ampol's refining business has become a burdensome arm of the business since the COVID-19 pandemic grounded airlines and left it struggling to find a market for its refined products.