Phoenix Petroleum Philippines Inc 2022 AR2
The report highlights Phoenix Petroleum's performance and resilience during its 20th anniversary year in 2022, despite navigating significant geopolitical and economic headwinds. The company expanded its retail network to nearly 700 stations and grew its LPG business, Phoenix LPG Philippines, Inc., which achieved 80% EBITDA growth. Additionally, Phoenix Asphalt Philippines, Inc. reached the 1 billion PHP revenue mark, and the company's Singapore-based trading arm capitalized on market volatility to achieve an EBITDA of over 800 million PHP. The report also details the company's commitment to sustainability, highlighting its alignment with UN SDGs, particularly in promoting gender equality with women comprising 39% of its workforce.
Company: Phoenix Petroleum Philippines Inc
Sector: Energy
Country: Philippines
Year: 2022
Type: AR2
Pages: 112
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Phoenix Petroleum Philippines Inc
Annual Report
The report highlights Phoenix Petroleum's performance and resilience during its 20th anniversary year in 2022, despite navigating significant geopolitical and economic headwinds. The company expanded its retail network to nearly 700 stations and grew its LPG business, Phoenix LPG Philippines, Inc., which achieved 80% EBITDA growth. Additionally, Phoenix Asphalt Philippines, Inc. reached the 1 billion PHP revenue mark, and the company's Singapore-based trading arm capitalized on market volatility to achieve an EBITDA of over 800 million PHP. The report also details the company's commitment to sustainability, highlighting its alignment with UN SDGs, particularly in promoting gender equality with women comprising 39% of its workforce.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees