High demand for gasoline and diesel merchandise pushed up Petron Corp.’s revenue in 2022 by 9 p.c, because the oil agency continued its restoration from the affect of the COVID-19 pandemic.
Petron’s consolidated internet earnings was at P6.7 billion in 2022, increased than the earlier yr’s P6.1 billion.
Sales quantity from each worldwide and native operations elevated, as Petron offered 112.81 million barrels by the top of 2022, up by 37 p.c from 82.24 million within the earlier yr.
Locally, the corporate offered 68.53 million barrels, increased than the 47.9 million barrels in 2021.
“We’ve been constant in our restoration, with our earnings already at pre-pandemic ranges over the previous two years. We …
Keep on studying: Petron internet earnings up by 9% in 2022