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We took action to ensure recovery and were able to successfully generate higher earnings compared to the first half of 2023. said Lorelie Quiambao-Osial, Shell Pilipinas Corporation's...
Shell Pilipinas Corp. (SPC) reported a 53.4-percent decline in earnings in the nine months ending September mainly due to lower sales during the period. In a filing, the oil firm reported to the stock exchange Tuesday that net income fell to P2.1 billion from P4.4 billion, as sales went down…
As oil demand sprang back closer to pre-pandemic levels in recent months, the net income of second biggest oil industry player Pilipinas Shell Petroleum Corporation remarkably recovered to P2.2 billion in the first half from bottom line crash of P6.7 billion in the same period last year. 26138 A