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1Bataan > Corporate Earnings
08
May

Petron Q1 profit drops amid Middle East tensions

  • Mhike Cigaral / 2 weeks
  • 0
  • 1 min read

Petron Corporation, the country’s largest oil firm and only remaining refiner, posted a net income of P1.8 billion for the first quarter of 2026, marking a sharp 56% decline compared to the same period last year.   The company attributed the drop in earnings primarily to reduced refinery production, which significantly impacted its overall output […]

AEV Holds ground in 2025 as power, banking, and food units drive earnings
09
Mar

AEV Holds ground in 2025 as power, banking, and food units drive earnings

  • Mhike Cigaral / 2 months
  • 0
  • 1 min read

Aboitiz Equity Ventures Inc. (AEV) reported a consolidated core net income of P25.5 billion for the year 2025, maintaining the same level recorded in 2024 as strong performances from its power, banking, and food businesses helped offset several one-time charges. In a statement released Thursday, the diversified conglomerate said its reported net income reached P18.3 […]

05
Mar

Petron posts record P15.6-B net income in 2025, up by 84%

  • Mhike Cigaral / 2 months
  • 0
  • 1 min read

Petron Corporation closed 2025 with its strongest financial performance to date, posting a consolidated net income of P15.6 billion, up 84 percent from the P8.5 billion recorded in 2024.   In a statement, the country’s largest oil refiner and fuel retailer attributed the surge in earnings to stronger sales volumes, improved refining margins, and enhanced […]