Esso Malaysia Bhd

Entity type image
Type: Company
Name: Esso Malaysia Bhd
First reported May 06 2013 - Updated May 06 2013 - 1 reports

Petron Q1 earnings fall 12% to P2.2-B

Petron reports revenue increases of 50% for the first quarter 2013. Photo by AFPMANILA, Philippines – Earnings of Petron Corp., the Philippines' largest oil refining and retail company, fell 12% in the first quarter of 2013 to P2.2 billion from P2.5 billion ... [Published Rappler - May 06 2013]

Quotes

The drop was "due to lower margins as reference prices for both crude oil and finished products dropped during the current period, causing a drastic drop in retail prices against higher costing inventory" the company said in its statement

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Petron Q1 earnings fall 12% to P2.2-B [Published Rappler - May 06 2013]
Fact Sheet for Esso Malaysia Bhd. [Published Able2Act - May 27 2008]
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