Petron logs P4.99-B 9-month net income

By Jordeene B. Lagare

Nov 10, 2021 12:22 am

PETRON Corp. reported on Tuesday a consolidated net income of P4.99 billion, a reversal from the P12.6-billion net loss it incurred in the same period a year ago.

In a disclosure, the listed oil company said consolidated revenues from its Philippine and Malaysian operations climbed by 35 percent to P291.57 billion from P216.43 billion year on year.

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