Refiner Hellenic Petroleum reported Wednesday a 17% fall in its nine month net profits mainly due to lower oil prices and suppressed refinery margins.
Profits were EUR215 million versus EUR259 million in the respective period of 2005.
Earnings before interest, tax, depreciation and amortization also fell 17%, reaching EUR432 million.
Sales, in contrast, rose to EUR6.13 billion, up 32%.
The company said that on a comparative basis, net profits would have risen by 46% in the first nine-month of the year.