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Pilipinas Shell income soars as fuel demand surges in Q1 - Vimarsana News

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…