Oil

Sunday, 7 July 2024

11 Apr 2024

2:35PM

Shell Pilipinas profits falls 71% in 2023

Fuel giant Shell Pilipinas Corp. saw net income in 2023 plummet by 71 percent to Php1.2 billion on weaker sales and heightened borrowing costs, alongside losses from inventory holdings due to fluctuating global oil prices.

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