Hellenic Petroleum Five-Month Pretax Profit At 246MM Euros

Reuters

ATHENS, June 23 (Reuters) - Greece's biggest oil refiner Hellenic Petroleum had a pretax profit of 246 million euros ($274.8 million) in the five months to May, a 93.7 percent annual rise, its chairman Efstathios Tsotsoros said on Friday.

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 40.4 percent to 386 million euros, he said in a statement, adding that the refiner aims at 700 million euros annual EBITDA by 2021.

(Reporting by Angeliki Koutantou)



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