{
    "success": true,
    "data": {
        "id": 1532548,
        "msgid": "petron-profits-up-54-1447893297",
        "date": "1997-01-31 00:00:00",
        "title": "Petron profits up 5.4%",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "Petron profits up 5.4% MANILA (AFP): Petron Corp. of the Philippines said yesterday net profits rose 5.4 percent from a year earlier to a record 4.238 billion pesos (US$161 million) in 1996. Revenues rose 19.7 percent to 53.4 billion pesos, also a record high, over the same period, Petron said in a statement. Analysts tracking the listed oil refiner said the results were either within or slightly below expectations. The company, jointly-owned by a unit of Saudi Arabian Oil Co.",
        "content": "<p>Petron profits up 5.4%<\/p>\n<p>MANILA (AFP): Petron Corp. of the Philippines said yesterday<br>\nnet profits rose 5.4 percent from a year earlier to a record<br>\n4.238 billion pesos (US$161 million) in 1996.<\/p>\n<p>Revenues rose 19.7 percent to 53.4 billion pesos, also a<br>\nrecord high, over the same period, Petron said in a statement.<\/p>\n<p>Analysts tracking the listed oil refiner said the results were<br>\neither within or slightly below expectations.<\/p>\n<p>The company, jointly-owned by a unit of Saudi Arabian Oil Co.<br>\nand the Philippine government, did not give a 1997 forecast.<\/p>\n<p>The 1996 results were \"primarily due to larger sales volume,<br>\nimproved operating efficiency, and higher non-operating income,\"<br>\nPetron said.<\/p>\n<p>Sales volume rose 8.1 percent to a record 58.7 million<br>\nbarrels, with double-digit growth in aviation gas, gasoline,<br>\nnaptha and solvents enabling the company to hold a leading market<br>\nshare of 41.4 percent, it said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/petron-profits-up-54-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}