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Filinvest net income rises 27%

FILINVEST Development Corp. (FDC) delivered a 27% increase in its net income attributable to the parent for the first quarter of 2018, driven mainly by its property unit and investments in the hospitality and leisure sector. In a regulatory filing, the Gotianun-led holding firm said it booked an attributable profit of P1.95 billion in the […] The post Filinvest net income rises 27% appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineMay 16th, 2018

Filinvest income grows 45% to P7.2 billion

Filinvest Development Corp. reported a 45 percent jump in its first half earnings to P7.2 billion, driven by the robust growth of its property business......»»

Category: financeSource:  philstarRelated NewsAug 18th, 2018

Filinvest H1 income up 66%

Gotianun family-led Filinvest Development Corp. (FDC) chalked up a first semester net profit attributable to equity holders of parent firm amounting to P5.43 billion, 66 percent higher year-on-year.....»»

Category: newsSource:  philippinetimesRelated NewsAug 17th, 2018

FDC 7B H1 net income up 45%

The Gotianun family-led Filinvest Development Corporation (FDC) reported first half net income of Php7.2B, a 45% increase vs. the same period in 2018. Majority of revenues, or 44%, were contributed.....»»

Category: newsSource:  philippinetimesRelated NewsAug 17th, 2018

Ayala income rises 7% to P16.1 B

Ayala Corp. grew its net income by seven percent in the first half to P16.1 billion......»»

Category: financeSource:  philstarRelated NewsAug 14th, 2018

NAC net income rises 1.94% amid challenges

The Philippine Stock Exchange. FILE IMAGE Despite a weaker local currency and competition from rising ore exports from Indonesia, listed Nickel Asia Corp. (NAC) saw its net income rose by 1.94 perc Source link link: NAC net income rises 1.94% amid challenges.....»»

Category: newsSource:  manilainformerRelated NewsAug 9th, 2018

GERI profit rises 18% to P814 million in first half of 2018

Global-Estate Resorts Inc., a developer of integrated tourism estates, grew its first half net income by 18 percent to P814 million on strong rental business and steady growth of its residential projects......»»

Category: financeSource:  philstarRelated NewsAug 7th, 2018

Insular Life income rises

INSULAR LIFE Assurance Company, Ltd. reported a fresh banner year in 2017, with sustained income growth supported by a wider distribution network via bancassurance as well as a fully-digital sales system. The life insurer said its consolidated net income reached P5.03 billion in 2017, posting a two percent increase from P4.9 billion the previous year. […] The post Insular Life income rises appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 23rd, 2018

Ayala Corp profit rises 10% in first quarter

Ayala Corp. (AC)’s real estate and power units boosted its earnings for the first quarter of 2018, with net income attributable to the parent up 10% year-on-year. In a statement issued Friday, the listed conglomerate reported an attributable profit of P7.7 billion for the January to March period, higher than the P6.93 billion posted at […] The post Ayala Corp profit rises 10% in first quarter appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 11th, 2018

Emperador Inc.’s net income rises 11% in Q1 of 2018 to P1.66B

EMPERADOR Inc. – the world’s largest brandy company that owns Spanish brandies led by the iconic Fundador as well as Scotch whisky brands led by The Dalmore and Jura single malts – recorded an 11% year-on-year increase in earnings in the first quarter of this year, amounting to almost Php1.66 billion. Revenues grew 8.5% to […] The post Emperador Inc.’s net income rises 11% in Q1 of 2018 to P1.66B appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsMay 10th, 2018

Manila Water net income rises 17% in Q1

Manila Water Co., Inc. posted a 17% increase in first-quarter net income to P1.69 billion mainly coming the growth in its Manila concession area and the expansion of its operating subsidiaries. The post Manila Water net income rises 17% in Q1 appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 9th, 2018

LANBANK first-quarter profit rises on robust loan growth

Land Bank of the Philippines (LANDBANK) saw its net income surge by half in the first quarter, supported by strong profit growth in loans. The state-run lender said it logged P4.26 billion in profits in January-March, 52% higher than the P2.81 billion booked in the same period last year. This was also 13% higher than […] The post LANBANK first-quarter profit rises on robust loan growth appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 9th, 2018

Ayala Land net income rises 17% in 1st quarter

EARNINGS of Ayala Land, Inc. (ALI) increased by 17% in the first quarter of 2017, driven by its continued development of real estate and commercial properties. In a statement issued Tuesday, ALI disclosed a net income of P6.52 billion for the January to March period, supported by a 17% growth in revenues to P36.98 billion. […] The post Ayala Land net income rises 17% in 1st quarter appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 8th, 2018

ALI Q1 profit rises on higher real estate, commercial revenues

Earnings of Ayala Land, Inc. (ALI) went up by 17% during the first quarter of 2017, supporte by its aggressive real estate and commercial expansion. In a statement issued Tuesday, ALI disclosed a net income of P6.52 billion for the January to March period, supported by a 17% growth in revenues to P36.98 billion. Residential […] The post ALI Q1 profit rises on higher real estate, commercial revenues appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 8th, 2018

China Bank income rises in Q1

CHINA BANKING Corp. (China Bank) saw its net profit rise slightly in the first quarter of the year amid growth in its core businesses. In a disclosure to the Philippine Stock Exchange on Friday, the Sy-led China Bank said its consolidated net income rose to P1.5 billion in the January-March period, 2% higher compared to […] The post China Bank income rises in Q1 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 4th, 2018

Aboitiz Equity Ventures income rises 3% in Q1

ABOITIZ Equity Ventures, Inc. (AEV) reported a 3% increase in first quarter consolidated net income to P4.8 billion despite its power business, the biggest contributor to the holding firm, reporting lower profit during the period. AEV told the stock exchange the modest income growth came after lower one-off losses representing net unrealized foreign exchange losses. […] The post Aboitiz Equity Ventures income rises 3% in Q1 appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 3rd, 2018

PAGCOR Q1 profit rises 7.6% on higher gains from gaming operations

PHILIPPINE Amusement and Gaming Corp. (PAGCOR) reported a 7.6% increase in net income of P1.42 billion in the first quarter, as gains from gaming operations grew by double-digits during the period. PAGCOR also reported that its income as of end-March was more than double its target for the period. The state-run company, which is under […] The post PAGCOR Q1 profit rises 7.6% on higher gains from gaming operations appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 2nd, 2018

Meralco profit rises 10% to P5.3 billion in Q1

Unusually strong sales in the first quarter pushed Manila Electric Co. (Meralco)’s core and reported net income higher during the period, company officials said yesterday......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2018

Meralco Q1 profit rises 10% due to ‘unusually’ strong energy sales

MANILA ELECTRIC Co. (Meralco), the country’s biggest power distribution utility, posted a net income of P5.31 billion in the first quarter, up 10% from the same period last year, largely because of higher energy sales. Adjusted for one-time, exceptional transactions, core net income at P4.92 billion was higher by 6.9% from a year ago. “We […] The post Meralco Q1 profit rises 10% due to ‘unusually’ strong energy sales appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 30th, 2018

Premium Leisure income rises 12% in Q1

PREMIUM Leisure Corp. (PLC) reported its attributable net income increased by 12% in the first quarter, as higher interest income and dividends offset a drop in revenues. In a regulatory filing, PLC said its net income attributable to parent stood at P474.42 million for the three months ending March, 12% up from P424.96 million during […] The post Premium Leisure income rises 12% in Q1 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 25th, 2018

Metro Retail Stores profit rises 24% in 2017

METRO RETAIL Stores Group, Inc. (MRSGI) reported a 23.7% increase in net income in 2017, amid robust sales across all store formats. In a regulatory filing, the Gaisano-led listed company said its profit stood at P977 million, higher than the P789 million recorded in 2016. Net sales inched up 1.7% to P35.01 billion in 2017 […] The post Metro Retail Stores profit rises 24% in 2017 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 11th, 2018