Throughout 1Q22, INTP’s revenue edged up 3.5% YoY, but profit fell to 48.0% YoY. The cost efficiency along with the use of alternative fuels and LCV have not been able to replace the 84% share of fossil fuels as of 1Q22. In order to strengthen its performance, INTP targets the alternative fuel portion to reach 25% in 2025. Meanwhile, total sales volume in 1Q22 fell by 3.4% YoY.
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