Helleniq Energy quarterly profit jumps on higher margins

Kitco Media
By Reuters
Published:
Updated:
Reuters
ATHENS, Feb 24 (Reuters) - Helleniq Energy , Greece's biggest oil refiner, on Friday reported a jump in quarterly profit on higher refining margins and exports. Excluding inventory holdings and a windfall tax applied on fossil fuel companies, Helleniq's profit came in at 261 million euros ($275.36 million) in the fourth quarter last year, up from 92 million euros in the same quarter of 2021. ($1 = 0.9479 euros) (Reporting by Angeliki Koutantou, Editing by Louise Heavens)

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