To dimension, during the first half of the year the company achieved its highest net profit in 12 years, with a positive sum of 253,000 million pesos.
And in the second quarter the state company reported record profits above 130,000 million pesos.
The losses of the state-owned company contrast with the results of the rest of the world’s energy companies that continue to report numbers above usual as the high prices of crude oil, fuel and gas continue.
High oil prices and the return to daily activities – which increased fuel sales – generated a good run for the company that seems to have broken with this morning’s results.
The increase in its profits allowed the oil company to take charge of its debt amortizations since last April, after the federal government took charge of these payments in recent months to help the company’s finances.
The oil company has attributed the loss to the increase in the cost of sales, an increase in the deterioration and the foreign exchange loss. The Pemex administration has defended this morning in a conference with analysts that, despite this, the accumulated result for the year is positive and adds profits above 195,000 million pesos.