November 16, 2024

PetroEnergy profits dip despite renewable energy boost

By Gabriell Christel Galang – Nov 15, 2024 03:46 PM from Manila Bulletin Yuchengco-led Petro Energy Resources Corporation (PERC) reported lower net income growth despite higher electricity sales during the first nine months of 2024. In a disclosure to the […]
September 24, 2024

Visayas to add 1,982 MW of RE projects by 2025

By Power Philippines News – September 23, 2024 at 11:46 am Most of the 25 power projects in the Visayas region, with a combined potential capacity of 1,982 megawatts (MW), will generate renewable energy (RE). The Department of Energy (DOE) […]
May 16, 2024

PetroEnergy registered 7% income growth to P186m in three months

By Alena Mae S. Flores – May 15, 2024, 7:20 pm from manilastandard.net PetroEnergy Resources Corp. (PERC) of the Yuchengco Group said Wednesday consolidated net income attributable to equity holders of the parent company climbed 7 percent in the first […]
April 17, 2024

PetroEnergy’s net profit rises 9% to P944m amid stable operations

By Manila Standard Business – April 16, 2024, 8:35 pm The Yuchengco Group’s listed energy arm PetroEnergy Resources Corp. (PERC) said Tuesday it posted a 9-percent increase in its consolidated net income in 2023 to P944 million from P863 million […]