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MPIC awaits higher income on units billed volume - BusinessWorld Online

MPIC awaits higher income on units billed volume - BusinessWorld Online
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Losses of Roxas Holdings narrow as revenues leap

Listed sugar miller Roxas Holdings Inc. said it incurred a net loss of P495.51 million during its fiscal first half ending March 31, narrower than the previous year’s P573.92-million net loss. Revenues rose 75 percent to P3.3 billion from the previous P1.88 billion, but higher costs eroded its gains. “While…

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Southeast Asia – Advanced BioFuels USA

Southeast Asia – Advanced BioFuels USA
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Roxas Holdings cuts loss on better refinery operations

Roxas Holdings cuts loss on better refinery operations
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University of the philippinesQuezon citySan carlosBatangas cityPedroo roxasCelsot dimarucutRoxas holdingsRoxas holdings incSan carlos bioenergy incSugar regulatory administrationHoldings presidentChief executive officer celsoSan carlos bioenergySouthern luzonSouth negrosLuisa maria jacinta

Roxas Holdings losses pile up as La Niña hits sugar output

BusinessWorld May 7, 2021 | 7:06 pm ROXAS HOLDINGS, Inc. suffered a P333.39-million attributable net loss during its fiscal year’s January-March second quarter due to the effects of the La NiÃ±a weather phenomenon on sugar production. The listed sugar and ethanol producer’s net loss attributable to the equity holders of the parent company is an expansion from P266.19 million a year ago, it told the stock exchange on Friday. Revenues from contracts with customers amounted to P1.54 billion, 24.1% lower than the P2.03 billion it had the year earlier, while operating expenses fell 23% to P133.98 million from P173.94 million last year.

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