PETRON Corp.'s (Petron) net income declined by 16 percent to P8.47 billion last year from P10.13 billion in 2023 as war in the Middle East and weaker demand from China resulted in volatile oil prices.

In the fourth quarter ended Dec 31, 2024 (4Q24), Petron posted a net loss of RM69.5mil, or a loss per share of 25.76 sen, compared to a net profit of RM41.4mil, or earnings per share of 15.34 sen ...

Petron Corp.’s earnings fell to P8.47 billion last year mainly due to the challenges faced by its Malaysian business and volatile global oil prices. On Tuesday, the country’s oil refiner ...

Petron has yet to disclose additional details about the fundraising activity, including the use of proceeds and the coupon ...

MANILA, Philippines – Local oil giant Petron Corp. led by billionaire Ramon Ang reported a 16-percent drop in profit last year due to market challenges, including oil price swings and the slump ...

Petron and Solane have announced a rollback in the price of the liquefied petroleum gas effective on March 1. Petron said it will implement a P1.20 rollback per kilo in LPG prices effective at 12:01 a ...

MANILA, Philippines — Listed oil giant Petron Corp. is further beefing up its war chest with the planned issuance of up to P32 billion worth of retail bonds this year. In a stock exchange filing ...