Higher oil prices helped push Singapore Petroleum Company’s (SPC) net profit for the first half of this year to S$40.5 (US$23) million from just $9.2 million last year. In a statement to the Singapore Exchange, it said that overall sales fell 10.5% to S$1.13 billion from S$1.26 billion for the same period last year. Earnings…
SINGAPORE: SPC’s half-year earnings up sharply to S$40.5m (US$23 m)
Posted on July 15, 2002 by EnergyAsia