Sugar and ethanol producer Roxas Holdings Inc. (PSE: ROX) said it was able to pare down its loss during its fiscal year ending September to P752 million from last year’s P939 million. Know more:
SUGAR and ethanol producer Roxas Holdings Inc. said it was able to pare down its loss during its fiscal year ending September to P752 million from last year’s P939 million.
Roxas said the company’s business pivot to focus on its sugar refinery is proving to be a just- in-time project. ROX President and CEO Celso T. Dimarucut said is optimistic that CADP will be able to refine 5 million LKG bags next crop year, close to its maximum capacity.
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