Earnings News

PXP Energy Cuts Its Losses to P26.3 Million

MANILA, Philippines – PXP Energy, a Pangilinan-led petroleum company, cuts its losses to P26.3 million. The nine-month financial health report of PXP Energy, formerly known as Philex Petroleum Corporation, showed that its losses shifted from P65.9 million last year to P26.3...

Metrobank Registers Nine-Month Profit Decline to P12.6 B

MANILA, Philippines – Metrobank Bank and Trust Co. (Metrobank) registered its unaudited consolidated net income in the first nine months at P12.6 billion. The nine-month net income of Metrobank declined by 12.56 percent from its P14.41 billion record of last year’s...

Petron Reports Profit Growth of 30 Percent

MANILA, Philippines – Philippines’ largest oil refiner, Petron Corp., registers profit growth of 30 percent as contributed by steady volume of oil production. A ranking official reported that oil company’s profit growth is equivalent to P8.2 billion, which is a...

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