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1016 Formula Petroleum Corp. (Philippines)

Main Activities: Petroleum Refineries | Gasoline Stations | Other Miscellaneous Store Retailers
Full name: 1016 Formula Petroleum Corp. Profile Updated: December 19, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

1016 Formula Petroleum Corp. is based in Philippines. The head office is in City Of Tarlac (Capital). It operates in the Petroleum Refineries sector. The company was established on February 08, 2008. 4 (2021) employees currently work for 1016 Formula Petroleum Corp.. The company’s latest financial report indicates a net sales revenue increase of 25.04% in 2023. A growth of 41.49% was recorded in its total assets. 1016 Formula Petroleum Corp.’s net profit margin increased by 0.11% in 2023.

Headquarters
Gov. A. Lugay Avenue
City Of Tarlac (Capital); Tarlac, Region Iii (Central Luzon);

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Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
February 08, 2008
Key Executives
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President
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Vice President
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Other
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Other
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CFO
Ownership Details
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38%
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31.35%
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26.65%
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2%
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2%
Company Performance
Financial values in the chart are available after 1016 Formula Petroleum Corp. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
25.04%▲
Total operating revenue
25.03%▲
Operating profit (EBIT)
36.91%▲
EBITDA
36.91%▲
Net Profit (Loss) for the Period
32.19%▲
Total Assets
41.49%▲
Total Equity
73.78%▲
Operating Profit Margin (ROS)
0.25%▲
Net Profit Margin
0.11%▲
Return on Equity (ROE)
-6.36%▼
Debt/Equity
-26.25%▼
Quick Ratio
0.88%▲
Cash Ratio
0.91%▲

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