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In comparison, in 2021, Pilipinas Shell Petroleum Corporation ended the fiscal year with net earnings of
PHP 3.9 billion. This marked a recovery path for the company after its PHP 16.2 billion loss in 2020. The
recovery can be attributed to their approach in marketing premium products, customer-centric
integrated fuel and non-fuel products, and sustained network growth.
Overall, it appears that Pilipinas Shell Petroleum Corporation continued to improve its financial
performance from 2021 to 2022.
example of a Financial Statement (at least 2 years) of a publicly listed corporation Provide a brief
explanation of their Financial Performance.