Phoenix Petroleum Philippines Inc 2015 Annual Report with Sustainability Disclosures
Company: Phoenix Petroleum Philippines Inc
Sector: Wholesale & retail
Country: Philippines
Year: 2015
Type: Annual Report with Sustainability Disclosures
Pages: 28
The report describes a year of retail and commercial expansion despite lower oil prices: fuel sales volume rose 27%, retail volume rose 30%, and the network reached 454 stations. Consolidated revenue was Php 30.054 billion, down 13%, while net income rose 47% to Php 905.9 million. The company also reports 1.69 million man-hours without lost-time injury and community and environmental initiatives, including planting 20,910 trees.
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