August 7, 2018 / 8:57 PM / 3 months ago

Argentina's YPF posts 1.5 bln peso profit in second quarter

BUENOS AIRES, Aug 7 (Reuters) - Argentina’s state-run oil company YPF SA posted a profit of 1.5 billion pesos ($54.8 million) in the second quarter of 2018, up from 272 million pesos in the same period of 2017, the company said on Tuesday.

For the first six months of the year, the company posted a profit of 7.5 billion pesos, compared with 464 million pesos in the first six months of last year. ($1 = 27.3640 Argentine pesos) (Reporting by Luc Cohen and Maximilian Heath. Editing by Rosalba O’Brien)

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