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Pilipinas Shell income soars as fuel demand surges in Q1

Pilipinas Shell Petroleum Corp.’s (PSPC) net income soared by 245 percent in the first quarter, buoyed by higher sales in January to March, when pump prices rose steadily. The company told the stock exchange Thursday that net income stood at P3.52 billion at end-March this year from P1.02 billion in…
Cagayan De Oro Batangas City Lorelie Quiambao Osial Rey Abilo Pilipinas Shell Petroleum Corp Pilipinas Shell Petroleum

Shell logs significant income hike to P3.5 B in Q1

Listed firm Pilipinas Shell Petroleum Corporation posted significant upturn in its net income in first quarter this year to P3.5 billion from a relatively lean P1.0 billion earnings in the same period last year. The rise in profit, according to the oil firm, had been mainly underpinned by uptic
Lorelie Quiambao Osial Pilipinas Shell Petroleum Corporation Shellv Power Shell President Pilipinas Shell
Source: mb.com.ph

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