Australia's Ampol reports over 22% sequential rise in third-quarter Lytton margins
Reutersยท2025-10-29 21:47
Core Insights - Ampol reported a 22.2% quarter-on-quarter increase in third-quarter refining margins at its Lytton refinery [1] - The increase was attributed to improved operational performance and higher profit margins for producing fuels in Asia [1] Company Performance - The Lytton refinery's refining margins saw a significant rise, indicating strong operational efficiency [1] - The positive performance in Asia's fuel production market contributed to the overall profitability of the refinery [1] Industry Context - The refining sector is experiencing upward pressure on profit margins, particularly in the Asian market [1] - Improved operational performance is becoming a key driver for profitability in the refining industry [1]