SHELL Pilipinas Corp. said Tuesday that it would be allocating some P2 billion to P3 billion for this year's capital expenditures (capex).
SHELL Pilipinas Corp. said Tuesday that it would be allocating some P2 billion to P3 billion for this year's capital expenditures . Shell Pilipinas Treasurer Rey Abilio, also the company's vice president for finance and chief risk officer, said the amount would be used to improve their import terminal facilities and the continued deployment of mobility stations in the Philippines.
'The other 50 percent will be dedicated towards enhancing the mobility footprint we have in the country, as we ended 2023 with a total of 1,179 mobility stations. And we are planning to increase our mobility sites by about 20 to 25 stations this year,' he added.
Pilipinas Allots P2B To P3B For Capex
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shell Pilipinas allots P3b for 2024 capex to expand retail networkDefining the News
Read more »
Shell Pilipinas sets up to P3 billion for 2024 capexShell Pilipinas Corp. on Tuesday said it has earmarked up to P3 billion for its capital expenditures this year, which will mostly be spent to boost its asset integrity and widening its mobility footprint across the country.
Read more »
Shell Pilipinas Corporation: Annual Stockholders' MeetingThe annual stockholders’ meeting of SHELL PILIPINAS CORPORATION will be held virtually on May 14, 2024, Tuesday, 2 p.m. through the Shell Operated Webcast.
Read more »
BOC surpasses April 2024 collection target by P3BThe Bureau of Customs on Monday said it surpassed its target revenue collection by over P3 billion in April, which it attributed to its “heightened” rate of assessment during the period.
Read more »
DigiPlus Q1 profit soars to P2BDIGIPLUS Interactive Corp. saw its net income in the first quarter surge by over four times to P2 billion from P436.8 million last year, anchored on a robust digital retail business.
Read more »
DigiPlus’ profit surged 358% to P2b in Q1 on new game offeringsDefining the News
Read more »