Ampol Reports Record Half-Year Profit of A$857.2 Million

Ampol reported a record underlying net profit after tax of A$857.2 million for the half-year ended June 30. This figure represents a 376% increase compared to the A$180.2 million profit recorded during the same period the previous year and exceeded the Visible Alpha consensus estimate of A$840 million.

The fuel retailer attributed the growth to strong margins at its Lytton refinery. The company also cited significant contributions from its fuel and infrastructure segments and its convenience retail operations as primary drivers of the record interim result.