May 3, 2017 / 10:42 AM / 7 months ago

HollyFrontier posts first quarter loss as costs rise

May 3 (Reuters) - U.S. refiner HollyFrontier Corp reported a quarterly loss, compared with a year-ago profit, hurt by a 61 percent rise in operating costs.

Net loss attributable to the company’s shareholders was $45.5 million, or 26 cents per share, in the first quarter ended March 31, compared with a profit of $21.3 million, or 12 cents per share, a year earlier.

The latest quarter included $12.0 million of one-time charges.

Reporting by Muvija M in Bengaluru; Editing by Arun Koyyur

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