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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/

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"JG Summit Petrochemicals Corporation’s (JGSPC) posted PhP4.8 revenues in 2011" was written by Mary under the Business category. It has been read 1879 times and generated 0 comments. The article was created on 14 March 2012 and updated on 14 March 2012.

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