Roxas Holdings posts P198-M first quarter loss

By Ed Paolo Salting

Feb 03, 2023 12:13 am

SUGAR and ethanol producer Roxas Holdings Inc. (RHI) reported a core net loss of P198.25 million for the first quarter of its fiscal year, widening from the P195.95 million recorded in the same period a year earlier.

Revenues improved during its first quarter to P4.18 billion, up by 484.23 percent from P715.65 million in 2022.

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