Aug 7 (Reuters) - Argentina's state-controlled energy company YPF (YPFDm.BA) , opens new tab on Thursday reported a nearly 90% plunge in second-quarter net profit to $58 million, dragged down by lower fuel prices.

Revenues also dropped 6% to $4.64 billion, hit by weaker Brent-linked prices for refined products, especially local fuels, and lower seasonal demand for naphtha.

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Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) – a key measure of profitability – came in at $1.12 billion for the April-June period, down 7% from a year earlier.

Analysts polled by LSEG had on average expected an adjusted EBITDA of $1.17 billion from revenues of $4.49 billion.

https://www.reuters.com/business/energy/argentinas-ypf-posts-90-net-profit-drop-second-quarter-2025-08-07/