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Petron reports 51% jump in 2023 earnings

The Philippine Star

|

March 06, 2024

The earnings of Petron Corp. jumped by 51 percent to P10.1 billion in 2023 from P6.7 billion in 2022, fueled by its wide presence and effective volume-generation strategies in the Philippines and Malaysia.

- PATRICK MIGUEL

The country's biggest oil refining and marketing company reported a 13 percent increase in combined sales volume in the Philippines and Malaysia to 126.9 million barrels from 112.8 million barrels.

Petron's sales volume in the Philippines went up by 16 percent 79.5 million barrels in 2023 from 68.5 million barrels in 2022, fortifying its leadership in the retail, industrial and LPG markets.

The Philippine Star से और कहानियाँ

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time to read

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time to read

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time to read

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Magno sworn in as NBI OIC

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time to read

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time to read

1 min

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