Tag: Petrons

PSE approves Petron’s shelf application

The Philippine Stock Exchange (PSE) approved the application of Petron Corp. to place up to 50 million preferred shares on the shelf through a subsequent public offering. The shelf listing includes Series 4 preferred shares with a par value of 1.00 pesos per share. The offering price was set at RUB 1,000 per share. “Shelf

Petron’s 9-M Net Profit Rises Amid Growing Oil Demand

Net income of Petron Corp. at the end of September this year rose by 64% to 8.2 billion pesos compared to 4.99 billion pesos last year due to higher income. The company said on Tuesday that combined sales of Petron’s Philippine and Malaysian operations, as well as the group’s Singapore trading subsidiary, rose 37% to