0079/00037507/en
Profit/Loss Warning
PETROLINA (HOLDINGS) PUBLIC LTD
PHL - PETROLINA (HOLDINGS) PUBLIC LTD
Preliminary estimates for the results of 2021

ANNOUNCEMENT

28 December 2021

Petrolina (Holdings) Public Ltd notes that, based on the financial results available to date, profits for the second half of 2021 are expected to be increased compared to the first half of the year. The results for the entire year of 2021 from ongoing activities are also expected to be higher compared to last year.

For the most part, estimated profits for the entire 2021 compared to last year present an increased profit margin and an increased contribution from associated companies. These are offset, however, by increased operating costs, mainly due to the inclusion, as of 1 January 2021, of the new subsidiary SILK OIL, as well as to decreased sales as a result of limited trading activity during the lockdown owing to the Covid-19 pandemic.

Panayiotis Eracleous

Compliance Officer

Regulated
Filing Date: 28/12/2021 17:52

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Petrolina Holdings Public Ltd. published this content on 28 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 December 2021 06:26:05 UTC.