PetroEnergy 2025 profit falls to P618M

MANILA, Philippines — Yuchengco-led PetroEnergy Resources Corp. (PERC) saw its earnings drop by 30 percent in 2025, as it recorded higher financing costs tied to renewable energy expansion. In a disclosure Thursday, the company said its consolidated net income had decreased to P618.33 million from a year ago’s P881.41 million. This, as the group posted higher