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Caltex Australia sees premium diesel sales lifting profit

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Published Tue, Dec 19, 2017 · 09:50 PM

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Sydney

CALTEX Australia Ltd said on Tuesday that it expected its full-year underlying profit to rise as much as 18.3 per cent, helped by strong growth in premium diesel sales.

Net profit "on a replacement cost" basis was expected at between A$600 million (S$620.2 million) and A$620 million for the year ending Dec 31, up from A$524 million in the same period a year earlier, the company said in a statement.

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