OIL GIANT Petron Corporation reported on Tuesday a consolidated net income of P7.4 billion for the first three quarters of 2016, up 47 percent from the P5.1 billion posted in the corresponding period last year on strong demand for its fuels and improved efficiencies.
Petron said Philippine and Malaysian sales volumes grew by a combined 6 percent to 78.2 million barrels in the first nine months from 73.6 million barrels sold in the same period last year.
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