Shell Pilipinas Corp. said Friday it closed 2023 with a net income of P1.2 billion, demonstrating the company’s resilience amid a challenging year.
Shell Pilipinas said it navigated through these obstacles by strategically increasing volumes and maintaining a focus on premium products. “I’m incredibly proud of the resilience shown by our organization, delivering results amid market pressures in 2023. Despite external challenges, we were still able to gain higher marketing earnings while introducing new and innovative offers,” said Shell Pilipinas president and chief executive Lorelie Quiambao-Osial.Shell Pilipinas also expressed optimism on greater success alongside the country’s projected growth in 2024.
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