Reuters - Hungarian oil group MOL's net profit halved in the fourth quarter due to a squeeze on gasoline margins as well as big impairment charges related to its Croatian assets and the shutdown of a refinery in Italy. MOL's upstream business however performed relatively well, with quarterly EBITDA earnings excluding special items of 89.7 billion forints ($398 million), up 6 billion forints from the third quarter and only 11 percent down on an annual basis. MOL posted a fourth-quarter net profit of 4.9 billion forints on a group level, down from 9.5 billion forints in the same period of 2012. The company posted a net loss of 30 billion forints in the third quarter.