The gradual revival of pre-pandemic consumption patterns gives the Philippine Retailers Association (PRA) a positive outlook for the country’s retail industry in the third and fourth quarters of 2022. By and large, this rising trajectory is also owed to the resilient retailers that strategized and doubled time amid health and…
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
Homegrown oil company Phoenix Petroleum Philippines Inc. returned to profitability in the second quarter this year after incurring a net loss in the first three months.
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