(EnergyAsia, October 27) — Singapore Petroleum Company said a sharp drop in refining margins caused its third quarter net profit to plunge 78.3% to S$23.2 million from year ago levels. (US$1=S$1.57). Third quarter revenue was little changed at S$2.242 billion (US$1=S$1.57).   For the nine months of the year, SPC’s net profit was down 19.4%…

This article is for Subscriber members only.
Log In Register