Helleniq Energy's first quarter core profit quadruples

HELLENiQ ENERGY Holdings

18/05/2023 15:23

ATHENS, May 18 (Reuters) - Helleniq Energy  HEPr.AT ,
Greece's biggest oil refiner, on Thursday reported a more than
quadrupling of its quarterly core profit on higher refining
margins.
    Excluding inventory holdings, Helleniq's earnings before
interest, tax, depreciation and amortisation came in at 404
million euros ($444.7 million) in the first quarter, up from 99
million euros in the same quarter in 2022.

($1 = 0.9084 euros)

 (Reporting by Angeliki Koutantou; Editing by Kirsten Donovan)
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