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15 May 2025
Petron Corporation Starts 2025 Strong with P4 Billion Net Income in Q1
Summary:
- Petron Corporation reported a net income of P4,025 million for the first quarter ended March 31, 2025.
- Gross revenue for the quarter was P194,828 million, with gross expense at P185,356 million.
- Basic earnings per share for the quarter were P0.39.
- As of March 31, 2025, the company's financial position included total assets of P453,609 million, total liabilities of P347,881 million, total debt of P243,729 million, and stockholders' equity of P105,728 million.
- Petron Corporation operates as an oil refining and marketing company in the Philippines, with revenues primarily from the sale of petroleum products across its segments.