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Viva Energy reports huge jump in profit, eyes bright 2022

Colin PackhamEnergy and resources reporter
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Viva Energy said it is poised for a bumper 2022 after it posted a near 600 per cent jump in annual profits amid soaring growth in its refining business, allowing it to resume paying final dividends.

Viva Energy said net profit for the 2021 financial year rose to $191.6 million, up from the $33.4 million the company reported one-year earlier.

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Colin Packham is an energy and resources reporter at The Australian Financial Review Connect with Colin on Twitter.

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    Original URL: https://www.afr.com/companies/energy/viva-energy-to-issue-final-dividend-as-annual-profits-soar-20220220-p59y49