Australia's Ampol reports over 22% sequential rise in third-quarter Lytton margins

Reuters
Oct 30
Australia's Ampol reports over 22% sequential rise in third-quarter Lytton margins 

Oct 30 (Reuters) - Australia's Ampol ALD.AX reported a 22.2% quarter-on-quarter increase in third-quarter refining margins at its Lytton refinery on Thursday, helped by improved operational performance and higher profit margins for producing fuels in Asia.

The country's largest fuel retailer said its Lytton refinery margin increased to $10.64 per barrel in third quarter, up from $8.71 in previous quarter.

(Reporting by Rishav Chatterjee and Anjali Singh in Bengaluru; Editing by Maju Samuel)

((Rishav.Chatterjee@thomsonreuters.com))

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