Mol Group recorded a gross profit of USD 382m, down 29%, in Q1
- Admin
- May 12, 2024
- 1 min read
The Mol Group recorded a gross profit of USD 382m, down 29% in the first quarter. The results were influenced by government taxes, changes in different segments, and the price of gas. Zsolt Hernadi, Chairman and CEO, emphasized the group's stability and strategic investments. The Downstream segment saw support from petrochemical and refining margins. The Consumer Services segment improved non-fuel product sales. The group aims to increase competitiveness and energy sovereignty in the future.
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