Pumped up profit

Weekend Gold Coast Bulletin - - BUSINESS -

SER­VICE sta­tion group Caltex has posted a healthy bump in its first quar­ter profit as it ben­e­fits from in­creased fuel sales.

Caltex yes­ter­day posted a net profit of $172 mil­lion for the three months to March, a near 7 per cent in­crease. Its re­place­ment cost op­er­at­ing profit came in at $155 mil­lion, in line with the $154 mil­lion it posted a year ear­lier.

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