LAKASABrowsing by Author "Hufana, Rachelle V."

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Financial performance of gasoline stations in Bangar And Sudipen, La Union amidst COVID-19 pandemic
(Don Mariano Marcos Memorial State University – Mid La Union Campus, 2022-06) Monis, Erika M.; Alvaro, Mark Chester B.; Daypuyat, John Francis C.; Hufana, Rachelle V.; Lozano, Jayzel M.
Many nations and industries have an unprecedented impact of COVID on their business, and the oil and gas industry have also not been able to escape from its effects. This paper aimed to identify the Financial Performance of Gasoline Stations in Bangar and Sudipen, La Union Amidst Covid-19 Pandemic. A cross-sectional survey method was used to analyze the data obtained from 7 gasoline stations. The result of the study revealed that most of the gasoline stations have a capitalization of P3,000,000 and below, most of the respondents are located in national highway, the primary product and service that the gasoline stations offered is diesel and convenience store, and gasoline stations consider cash management practices in their operation. The result also revealed that despite COVID-19 pandemic, gasoline stations still able to meet a healthy financial performance.