Petron H1 profit drops 27% as ME conflict lifts costs
Petron Corp.’s first-half 2026 net income fell 27% to P3.8 billion as Middle East tensions drove up crude, import premiums and freight costs, squeezing margins…
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13,969 results for “Profit drop”
Petron Corp.’s first-half 2026 net income fell 27% to P3.8 billion as Middle East tensions drove up crude, import premiums and freight costs, squeezing margins…
First Gen Corp. (First Gen Corporation) reported a 24% drop in first-quarter net income to P3.6 billion despite higher revenues, as the impact of divesting its…
Shakey’s Pizza Asia Ventures reports a 20% drop in 2025 core net income as weak consumer demand and higher expansion costs pressure margins, despite…
ACEN Corp. remains committed to growth, expanding its contracted capacity and energy storage investments despite a 60% profit drop in 2025. Discover how the…
Profits from China’s industrial sector fell sharply in May, raising fresh questions about the effectiveness of Beijing’s economic recovery efforts. New data…
The stabilizing coal prices and losses from its cement business weighed down the first-quarter net income of DMCI Holdings, Inc., the diversified engineering…
British energy giant Shell reports a significant 17% decline in annual net profit to $16.1 billion, citing lower oil prices and asset write-offs, while…
Metro Retail Stores Group, Inc. (MRSGI) aims for growth despite a 19.6% profit drop in the first nine months of 2023. With a 4.2% increase in net sales and…
‘Amid a dynamic market environment, our financial results remained within our guidance.’
Nokia to cut up to 14,000 jobs after profits drop