Fuel retailer Ampol reports 68% drop in annual profit

Reuters

02/24

Feb 24 (Reuters) - Australia's Ampol ALD.AX reported a 68% fall in annual profit on Monday, impacted by lower refining margins at its Lytton refinery in Queensland along with a decline in its fuels and infrastructure business.

The country's top fuel retailer posted net profit after tax from continuing operations for the year ended December 31 of A$234.8 million ($149.5 million) on a replacement cost basis, compared with A$740.1 million in the previous year.

That missed a Visible Alpha consensus estimate of A$246.1 million profit.

($1 = 1.5708 Australian dollars)

(Reporting by Roshan Thomas and John Biju in Bengaluru; Editing by Lisa Shumaker)

((John.Biju@thomsonreuters.com; Roshan.Thomas@thomsonreuters.com))

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Editing by Lisa Shumaker)</p><p> ((John.Biju@thomsonreuters.com; Roshan.Thomas@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7065","symbol_name":"石油与天然气的炼制和营销","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250223:nL3N3PE049:1","article_id":"2513768197","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2513768197","pubTimestamp":1740346131,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Fuel retailer Ampol reports 68% drop in annual profitFeb 24  - Australia's Ampol ALD.AX reported a 68% fall in annual profit on Monday, impacted by lower refining margins at its Lytton refinery in Queensland along with a decline in its fuels and infrastructure business. The country's top fuel retailer posted net profit after tax from continuing operations for the year ended December 31 of A$234.8 million  on a replacement cost basis, compared with A$740.1 million in the previous year. That missed a Visible Alpha consensus estimate of A$246.1 million profit.      ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7065":"石油与天然气的炼制和营销","ALD.AU":"AMPOL LTD"},"translate_title":"燃料零售商Ampol报告年度利润下降68%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALD.AU":0.9},"content_text":"Fuel retailer Ampol reports 68% drop in annual profitFeb 24 (Reuters) - Australia's Ampol ALD.AX reported a 68% fall in annual profit on Monday, impacted by lower refining margins at its Lytton refinery in Queensland along with a decline in its fuels and infrastructure business. 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