February 22, 2017 / 11:44 AM / 9 months ago

Refiner HollyFrontier reports Q4 profit vs. year-ago loss

Feb 22 (Reuters) - U.S. refiner HollyFrontier Corp reported a fourth-quarter profit, compared with a year-ago loss, helped by cost cuts.

Net income attributable to the company’s shareholders was $53.2 million, or 30 cents per share, in the quarter ended Dec. 31, compared with a loss of $43.9 million, or 24 cents per share, a year earlier.

The Dallas, Texas-based company’s sales and other revenue rose marginally to $2.96 billion. (Reporting by John Benny in Bengaluru; Editing by Maju Samuel)

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