(EnergyAsia, January 27) — High oil prices last year helped Singapore Petroleum Company (SPC) earn a 60.1% rise in net profit to a record S$403.6 million. (US$1=S$1.65). The group reported a 51.3% rise in sales to S$7.5 billion. SPC said it realised refining margins averaging more than US$4 per barrel for the year. …
SINGAPORE: SPC report record net earning of S$403.6 million for 2005
Posted on January 27, 2006 by EnergyAsia