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PLDT sees return to profit growth

Telco giant PLDT Inc. is keeping its optimistic outlook for the year as it expects growth in revenue and profit......»»

Category: financeSource: philstar philstarJun 13th, 2018

PLDT sees home, enterprise units driving growth

Industry giant PLDT Inc. painted an optimistic outlook for 2018 as shareholders worry about the drop in its market value and with the specter of new competitors looming. During the telco's ann.....»»

Category: newsSource:  philippinetimesRelated NewsJun 14th, 2018

JG Summit’s 2017 profit jumps 169%

Gokongwei-led JG Summit Holdings grew its 2017 net profit by 169 percent to P29.37 billion from year-ago level, when its earnings were weighed down by impairment losses from its investment in telecommunication giant PLDT Inc. Excluding nonoperating and nonrecurring items, JG Summit's consolidated core net income last year hit P29.56 billion, relatively flat from the 2016 level, as the rise in fuel prices gnawed at the earnings of the airline business. This was offset by the double-digit income growth in the petrochemicals business and rise in equity earnings from associates particularly, United Industrial Corp. Ltd. of Singapore, Manila Electric Co. and Global Business Power Corp. ...Keep on reading: JG Summit’s 2017 profit jumps 169%.....»»

Category: newsSource:  inquirerRelated NewsApr 13th, 2018

D& L bullish on growth, sees P3.2 B profit this year

MANILA, Philippines — D&L Industries Inc., the listed specialty foods ingredients, plastics and oleochemicals firm, expects to sustain its double-digit g.....»»

Category: financeSource:  philstarRelated NewsMar 18th, 2018

Concepcion sees 15% profit growth this year

Concepcion sees 15% profit growth this year.....»»

Category: financeSource:  thestandardRelated NewsJun 7th, 2017

China Bank sees 15% profit growth this year

MANILA, Philippines - Listed China Banking Corp......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2017

D& L sees up to 18% growth in 2017 profit

MANILA, Philippines -  D& L Industries expects to grow its net income by as much as 18 percent this year on the back of an improving economy, its top offi.....»»

Category: financeSource:  philstarRelated NewsMar 4th, 2017

Corporate News: MPIC core profit hits P12 billion, sees continued strong growth

METRO PACIFIC Investments Corp. (MPIC) is looking at rosy prospects this year, after posting a record core net income in 2016 which was driven by expansion across its toll road, power, and hospital businesses......»»

Category: financeSource:  bworldonlineRelated NewsMar 1st, 2017

Security Bank sees sustained 2-digit profit growth

MANILA, Philippines - Security Bank Corp......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2017

PLDT sees flat gains in 2016

MANILA, Philippines - Telco and digital services provider PLDT expects flat growth in revenue for 2016, its chief revenue officer Eric Alberto told reporters.....»»

Category: financeSource:  philstarRelated NewsJan 31st, 2017

Petron sees 30% hike in 2016 profit

MANILA, Philippines - Petron Corp., the country’s largest oil refiner, sees a 30-percent growth in profit this year on the back of steady volume, a ranking o.....»»

Category: financeSource:  philstarRelated NewsOct 28th, 2016

Moody’s sees limited revenue growth for Telco giant

MANILA, Philippines – PLDT Inc......»»

Category: financeSource:  philstarRelated NewsOct 23rd, 2016

Del Monte Philippines books P2.6-B profit

DEL MONTE Philippines, Inc. (DMPI)’s net income was flat for its fiscal year ending April 2018, due to higher interest expenses amid a single-digit growth in sales. The post Del Monte Philippines books P2.6-B profit appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJun 20th, 2018

CPG targets double-digit profit growth this year

CENTURY Properties Group, Inc. (CPG) expects to see double-digit growth in net income this year, banking on its diversification into the affordable and leisure segments. The post CPG targets double-digit profit growth this year appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJun 14th, 2018

WB cites PHL growth promise, risks

THE WORLD BANK sees the Philippines sustaining relatively robust growth in the medium term -- though short of government target -- but flagged capacity constraints and price pressures that may weigh on prospects. The post WB cites PHL growth promise, risks appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJun 7th, 2018

GSM sobers up as profits improve over recycled bottles, yields

Hard liquor-maker Ginebra San Miguel Inc. (GSM) sees net profit this year doubling to P1.2 billion, sustaining a strong recovery that began last year. In a press chat after the company's stock.....»»

Category: newsSource:  philippinetimesRelated NewsJun 1st, 2018

S& P sees PHL growth sustained with no danger of overheating

S&P Global Ratings said it is not concerned about any overheating in the Philippine economy, saying that robust investment and a growing labor force have made current growth levels sustainable. S&P Asia-Pacific economist Vincent Conti said such levels of growth would have been a source of worry previously. “In the previous years, half a decade […] The post S&P sees PHL growth sustained with no danger of overheating appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 23rd, 2018

PLDT, VOYAGER ROLLOUT: WV merchants foray into online selling platform

ORDERING online for delicacies and local crafts from the Western Visayas region will soon be easier as leading telecoms and digital services provider PLDT, together with Voyager Innovations, the Department of Trade and Industry (DTI), and Go Negosyo recently held an e-commerce workshop for small business owners under the #Ready Economic Growth Campaign in the […] The post PLDT, VOYAGER ROLLOUT: WV merchants foray into online selling platform appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsMay 23rd, 2018

Cebu airport drives Megawide earnings higher

MEGAWIDE Construction Corp. delivered an 8% improvement in its attributable profit for the first three months of 2018, driven by the double-digit top-line growth from its airport business which offset the seasonally slow construction segment. In a regulatory filing, the listed firm reported a net income attributable to the parent of P475.29 million, higher than […] The post Cebu airport drives Megawide earnings higher appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 22nd, 2018

AUB nets P798M

Rebisco group-led Asia United Bank (AUB) grew its first quarter net profit by 21.3 percent year-on-year to P797.7 million on higher earnings from core lending activities. This three-month consolidated performance by AUB and its subsidiaries - which include the Cavite United Rural Bank (CURB) and the Rural Bank of Angeles in Pampanga- translated to a return on assets of 1.7 percent and return on equity of 12.2 percent. These ratios marked an improvement from their respective year-ago levels of 1.6 percent and 11.4 percent. "We remain confident that we have the momentum to grow the business further as we continue to cater to the needs of corporates and small and medium enterpr...Keep on reading: AUB nets P798M.....»»

Category: newsSource:  inquirerRelated NewsMay 22nd, 2018

PSBank net up 25% to P641M

Philippine Savings Bank, the thrift bank arm of the Metrobank group, booked a 25-percent growth in first quarter net profit to P641.1 million driven by higher earnings from lending activities and f.....»»

Category: newsSource:  philippinetimesRelated NewsMay 19th, 2018