Refinery woes inflate Roxas Holdings’ losses

MANILA, Philippines — Losses from the sugar refinery business heavily dented the net loss of sugar and ethanol producer Roxas Holdings Inc. (RHI) in the fiscal year that ended in September 2023. In a disclosure on Wednesday, RHI said net loss for the period hit P2.3 billion, wider by 187.9 percent from P797.01 million in
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