Ampol posts 376% jump in interim profit driven by Lytton refinery and retail

Ampol reported a 376% rise in interim profit on Monday, driven by robust margins at its Lytton refinery and strong contributions from its convenience retail arm and its fuel and infrastructure businesses. Reuters said the company’s downstream operations and retail network underpinned the surge in earnings, with refinery margins at Lytton singled out as a key support. The result highlights the importance of Ampol’s refining and retail activities to its near-term performance. No further financial details or forward guidance were provided in the material supplied.