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                    [ArticleID] => 324609
                    [Title] => PNOC-EDC nets P8.9B
                    [Summary] => The PNOC-Energy Development Corp. (PNOC-EDC) posted a net income of P8.9 billion in 2005, PNOC-EDC president Paul Aquino reported over the weekend.


Aquino  earlier projected that the company’s earnings would reach between P6 billion and P10 billion in 2005.


PNOC-EDC accounting manager Elvira Punsalan said the exemplary income last year was brought about by improved operating efficiencies and management-initiated cost reduction measures and foreign exchange gains.


                    [DatePublished] => 2006-03-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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ELVIRA PUNSALAN

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                    [ArticleID] => 324609
                    [Title] => PNOC-EDC nets P8.9B
                    [Summary] => The PNOC-Energy Development Corp. (PNOC-EDC) posted a net income of P8.9 billion in 2005, PNOC-EDC president Paul Aquino reported over the weekend.


Aquino  earlier projected that the company’s earnings would reach between P6 billion and P10 billion in 2005.


PNOC-EDC accounting manager Elvira Punsalan said the exemplary income last year was brought about by improved operating efficiencies and management-initiated cost reduction measures and foreign exchange gains.


                    [DatePublished] => 2006-03-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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        )

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abtest

PNOC-EDC nets P8.9B

By Donnabelle L. Gatdula | March 6, 2006 - 12:00am

The PNOC-Energy Development Corp. (PNOC-EDC) posted a net income of P8.9 billion in 2005, PNOC-EDC president Paul Aquino reported over the weekend. Aquino earlier projected that the company’s earnings would...

Business