Corporate Debt Restructuring Masterclass

18 July 2022 (Mon), 5pm Singapore/HK time

Pemex Refinery Project Cost to Double to $18bn

Pemex Reverses Losses with $6bn Q1 Profit

Pemex reported a net profit of $6.2bn in Q1 2022, reversing nearly $2bn in losses during the year-ago period. This was its highest profit in 18 years with the state-owned company benefiting from rallying oil prices, stabilizing crude output and foreign exchange gains....
Pemex Refinery Project Cost to Double to $18bn

Pemex Reports Quarterly Loss of $6bn

Mexico’s Pemex released its Q4 results where it reported a net loss of $6.05bn vs a $4.7bn profit in 4Q2020. The losses were mainly due to taxes and currency exchange losses. During the quarter, Pemex paid MXN 98bn ($4.7bn) in taxes, and incurred forex losses of...
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