May 6, 2014 / 11:10 AM / 3 years ago

HollyFrontier profit more than halves as refining margins fall

1 Min Read

May 6 (Reuters) - Oil refiner HollyFrontier Corp's quarterly profit fell 54 percent as its refined product margins declined.

Net income attributable to the company's shareholders slid to $152.1 million, or 76 cents per share, in the first quarter ended March 31 from $333.7 million, or $1.63 per share, a year earlier. (Reporting by Swetha Gopinath in Bangalore; Editing by Kirti Pandey)

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