Motor Oil (Hellas) Corinth Refineries SA (OTCPK:MOHCY)
$ 10.58 0 (0%) Market Cap: 2.28 Bil Enterprise Value: 4.23 Bil PE Ratio: 7.20 PB Ratio: 0.82 GF Score: 79/100
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Q2 2019 Motor Oil Hellas Corinth Refineries SA Earnings Call Transcript

Aug 29, 2019 / 02:30PM GMT
Release Date Price: $12.35
Operator

Thank you for standing by, ladies and gentlemen, and welcome to the Motor Oil Conference Call on the Second Quarter 2019 Financial Results. We have with us Mr. Petros Tzannetakis, Deputy Managing Director and Chief Financial Officer; and Miss Mary Psyllaki, IR Officer of the company. (Operator Instructions) I must advise you the conference is being recorded today.

We will now pass the floor to your speaker, Mr. Petros Tzannetakis. Please go ahead, sir.

Petros Tz. Tzannetakis;Hellas;Corinth Refineries S.A.;Deputy MD
Motor Oil;CFO & Executive Director

()- -

Good afternoon, good morning, hello to all of you, ladies and gentlemen, from, yes, windy and sunny Athens. We are towards the end of the summer but still very warm here. So let's talk about the Q2 and half 1 results.

Let's start with the environment during the second quarter. There was a lot of volatility in the prices, which clearly continues in this quarter as well. We started from prices that already had increased -- product

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