PETRON Corp.'s first-half net income fell to P6.14 billion from P7.7 billion a year ago as rising financing costs due to successive interest rate hikes dragged on earnings.

In a filing to the stock exchange, Petron said that consolidated sales grew by 12 percent or 57.61 million barrels from 51.41 million in the same period last year.

Premium + Digital Edition

Ad-free access

P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

See details
See details