What was Ampol's underlying net profit after tax for the half year ended June 30, and how does it compare to the prior year?

Ampol's underlying net profit after tax soared to a record A$857.2 million ($614.44 million) on a replacement cost basis for the half year ended June 30, compared with A$180.2 million a year earlier — representing a nearly five-fold increase.

What drove Ampol's sharp profit growth, and which segment saw the largest earnings surge?

The profit surge was underpinned by a sharp rise in refining margins due to Middle East supply disruptions following the start of the U.S. war with Iran, causing margins at Ampol’s refinery to more than triple to $28.26 per barrel; accordingly, its fuel and infrastructure (F&I) segment reported a more than nine-fold rise in earnings, while its convenience retail business rose 12%.

Ampol Posts Near Five-Fold Profit Surge as Iran War Boosts Refining Margins

Aug 23, 2026

Australia's Ampol reported a nearly five-fold rise in interim profit to a record A$857.2 million, driven by tripled refining margins amid Middle East supply disruptions. The company also declared an interim dividend more than four times higher than the prior year.

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Ampol Posts Near Five-Fold Profit Surge as Iran War Boosts Refining Margins

Ampol Posts Near Five-Fold Profit Surge as Iran War Boosts Refining Margins

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