SHELL Pilipinas Corp. sustains its recovery momentum by generating P4.1 billion net income in 2022, up by six percent from P3.9 billion the previous year. This was achieved amidst a challenging year with high inflation, fuel price volatility brought by the Russia-Ukraine war and Philippine peso depreciation. The energy company’s 2022 gains are attributed to its strong marketing performance as the year’s volume delivery increased by 10 percent and a sustained high premium fuel penetration. Operational cash flow, excluding movement in working capital, stands at P1.8 billion, up from 2021’s P1.1 billion.(PR)