(EnergyAsia, August 30, Thursday) — Philippine oil storage and retailing firm Phoenix Petroleum has reported a 95.8% rise in first-half net income to 62.63 million peso compared to the same period in 2006.(US$1=Ps46).Sales rose by 66% to 999 million peso.Phoenix, which went public last month raising 284 million peso, was the country’s first oil company…
PHILIPPINES: Oil storage and retailing firm Phoenix’s first-half profit up 96%
Posted on August 29, 2007 by EnergyAsia