Petron swings to H1 net loss on pandemic-hit demand

MOSCOW (MRC) -- Philippine refiner Petron swung into a net loss in the first half of the year due to fuel demand destruction brought on by the coronavirus pandemic, said the company.Petron Corp. incurred a consolidated net loss of P14.2 billion in the first half of 2020, reversing the P2.6 billion net income it posted in the same period a year ago.In a disclosure on Tuesday, the listed oi

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