Home » Articles » Business

JG Summit Petrochemicals Corporation’s (JGSPC) posted PhP4.8 revenues in 2011

JG Summit Petrochemicals Corporation’s (JGSPC) revenues surged by 44.6% for fiscal year 2011 to Php4.8 billion on the back of 43% increase in sales volume and higher selling prices of its Polypropylene and Polyethylene resins.
EBIT and EBITDA, however, posted higher losses due to inventory write-offs and higher volume consumed and prices of bunker fuel. As a result of this, net loss was likewise higher at Php384 million from net loss of Php102 million in fiscal year 2010. - https://www.affordablecebu.com/
 

Please support us in writing articles like this by sharing this post

Share this post to your Facebook, Twitter, Blog, or any social media site. In this way, we will be motivated to write articles you like.

--- NOTICE ---
If you want to use this article or any of the content of this website, please credit our website (www.affordablecebu.com) and mention the source link (URL) of the content, images, videos or other media of our website.

"JG Summit Petrochemicals Corporation’s (JGSPC) posted PhP4.8 revenues in 2011" was written by Mary under the Business category. It has been read 1739 times and generated 0 comments. The article was created on and updated on 14 March 2012.
Total comments : 0