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                    [ArticleID] => 128537
                    [Title] => Petron posts turnaround with P513-M income in 1st semester
                    [Summary] => Publicly listed Petron Corp. reported yesterday a net income of P513 million in the first half semester of 2001, a turnaround from its P628 million net loss registered in the same period in 2000.


During the company’s annual stockholders’ meeting yesterday, Petron president and chief executive Motassim Al-Ma’ashouq attributed earnings for the first half of the year to relatively more stable crude prices and to the cost pressures which have eased.


                    [DatePublished] => 2001-07-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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ABDULLATIF AL-OTHMAN

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                    [ArticleID] => 128537
                    [Title] => Petron posts turnaround with P513-M income in 1st semester
                    [Summary] => Publicly listed Petron Corp. reported yesterday a net income of P513 million in the first half semester of 2001, a turnaround from its P628 million net loss registered in the same period in 2000.


During the company’s annual stockholders’ meeting yesterday, Petron president and chief executive Motassim Al-Ma’ashouq attributed earnings for the first half of the year to relatively more stable crude prices and to the cost pressures which have eased.


                    [DatePublished] => 2001-07-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Petron posts turnaround with P513-M income in 1st semester

By Donnabelle L. Gatdula | July 31, 2001 - 12:00am

Publicly listed Petron Corp. reported yesterday a net income of P513 million in the first half semester of 2001, a turnaround from its P628 million net loss registered in the same period in 2000. During the company’s...

Business