February 20, 2019 / 11:26 AM / 4 months ago

HollyFrontier Corp quarterly profit more than halves

Feb 20 (Reuters) - Oil refiner HollyFrontier Corp reported a 73 percent drop in quarterly profit on Wednesday from a year-earlier, which included a $307 million benefit from the U.S. tax reform.

Net profit attributable to the company's shareholders fell to $141.9 million, or 81 cents per share, in the fourth quarter ended Dec. 31, from $521.1 million, or $2.92 per share, a year earlier. (bit.ly/2XftRHt)

Sales and other revenue rose to $4.34 billion from $3.99 billion. (Reporting by Arundhati Sarkar and Shradha Singh in Bengaluru; Editing by Sriraj Kalluvila)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below