ELPE recorded 57 % higher net income in the first half of 2016 – Greece, 25 August 2016

The largest Greek oil refiner, Hellenic Petroleum (ELPE) has recorded strong financial results both in the second quarter and the first half of 2016.
According to the company’s financial data, in the second quarter of 2016 ELPE recorded earnings before interest, taxes, depreciation and amortization (EBITDA) in the amount of 156 million euros, which is 20 % more than in the second quarter of 2015.

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