After a string of losses that stretched until January-March this year, Uy-led Phoenix Petroleum Philippines Inc. finally returned to profitability in the second quarter, posting a net income of P201 million, its highest since the strike of the coronavirus pandemic.
That was effectively a rever
Uy-led Phoenix Petroleum Philippines Inc. suffered P466.201-million loss in 2021, significantly wider as against the P62.56-million loss it registered in 2020, according to a financial statement submitted to the Philippine Stock Exchange. Nevertheless, the company’s earnings before interest, tax
Uy-led Phoenix Petroleum Philippines Inc. has registered sustained demand expansion for its liquefied petroleum gas (LPG) business, partly due to robust sales in the canister segment. The firm’s Phoenix Super LPG brand, according to the company, already cornered 32 percent market share, a signif
For its combined portfolio in fuels and liquefied petroleum gas (LPG), Uy-led Phoenix Petroleum Philippines Inc. has retained its market standing as the third biggest player in the deregulated downstream oil sector last year. In a report released by the Department of Energy (DOE), it was shown t
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