Friday, March 14, 2008

JG Summit cuts petrochemical loss for the fiscal

JG Summit Petrochemical Corp., a subsidiary of JG Summit Holdings Inc. has trimmed down its net loss for the fiscal year ended-September 2007 to P722.44 mln from P3.36 bln recorded in the previous fiscal year. Net sales decreased to P5.15 bln from P5.46 bln in the previous fiscal.

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