Biz Buzz
By Jim Martin, Doug Oathout Erie Times-News staff bloggers
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Posted: December 3rd, 2012
United Refining’s annual profit soars to $190.8 million

United Refining Co., which operates a refinery in Warren and 361 Kwik Fill/Red Apple and Country Fair convenience stores in western New York and northwestern Pennsylvania, recently reported annual profit of $190.8 million.
That profit is a sharp reversal from the year before, in which is reported an $8.1 million loss.
The company in its annual report released Nov. 19 said it had net sales in the fiscal year that ended Aug. 31 of more than $3.7 billion — also a substantial increase from the year before, when it had net sales of about $3.2 billion.

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