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PSE net income declines by 40% in Q1

THE Philippine Stock Exchange, Inc. (PSE)’s net income fell by 40% in the January to March period, due to lower listing-related fees and higher expenses after its transfer to Bonifacio Global City (BGC). In a regulatory filing, the bourse operator said net income dropped to P93.85 million in the first quarter of the year, from […] The post PSE net income declines by 40% in Q1 appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineMay 17th, 2018

PSE net income declines by 40% in Q1

THE Philippine Stock Exchange, Inc. (PSE)’s net income fell by 40% in the January to March period, due to lower listing-related fees and higher expenses after its transfer to Bonifacio Global City (BGC). In a regulatory filing, the bourse operator said net income dropped to P93.85 million in the first quarter of the year, from […] The post PSE net income declines by 40% in Q1 appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 17th, 2018

SBS Philippines profit declines in first quarter

SBS Philippines Corp saw its profit decline by a third in the first quarter of 2018, following higher finance costs and its share in the losses of associates. In a statement issued Tuesday, SBS said it generated a net income of P18.6 million in the January to March period, P8.6 million lower than what it […] The post SBS Philippines profit declines in first quarter appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 15th, 2018

Lopez Holdings income declines 36% in 2017

THE absence of one-time gains that inflated profits in 2016 dragged earnings Lopez Holdings, Inc. last year. In a disclosure to the stock exchange on Tuesday, the holding firm of the Lopez family said its net income attributable to equity holders reached P4.225 billion last year, down 36% from the P6.557 billion reported in 2016.… link: Lopez Holdings income declines 36% in 2017.....»»

Category: newsSource:  manilainformerRelated NewsApr 18th, 2018

Lopez Holdings income declines 36% in 2017

THE absence of one-time gains that inflated profits in 2016 dragged earnings Lopez Holdings, Inc. last year. In a disclosure to the stock exchange on Tuesday, the holding firm of the Lopez family said its net income attributable to equity holders reached P4.225 billion last year, down 36% from the P6.557 billion reported in 2016. […] The post Lopez Holdings income declines 36% in 2017 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 17th, 2018

Cebu Air profit declines 19% on higher fuel prices

CEBU AIR, Inc. saw its net income fall 19% to P7.91 billion in 2017, as expenses rose on higher fuel prices and the peso’s depreciation against the US dollar. In a regulatory filing, the listed operator of budget carrier Cebu Pacific said revenues went up 9.9% to P68.03 billion for the year ending Dec. 31, […] The post Cebu Air profit declines 19% on higher fuel prices appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 27th, 2018

EDC profit declines 4% in 2017

ENERGY DEVELOPMENT Corp. (EDC) posted a net income of P8.8 billion in 2017, down 4% from the previous year, after the twin impact of the typhoon and earthquake that hit Leyte island, the Lopez-led company told the stock exchange. “Our Leyte unit, which generated almost 45% of our revenues in 2016, was on track for […] The post EDC profit declines 4% in 2017 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 1st, 2018

Lopez Holdings income declines in 3rd quarter

LOPEZ HOLDINGS Corp. suffered a 52% drop in third-quarter net income attributable to the parent firm’s equity holders to P1.41 billion from P2.92 billion in the same quarter last year, its financial report to the stock exchange shows. This came despite a 23.2% rise in revenues during the quarter to P26.46 billion, which was outpaced […] The post Lopez Holdings income declines in 3rd quarter appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsNov 17th, 2017

Lopez-led First Gen Q3 profit declines

FIRST GEN Corp. posted $42.81 million in third-quarter net income attributable to equity holders of the parent firm, down 29% from $60.68 million in the same period last year, the Lopez-led company told the stock exchange. “Despite the recent calamities like the Batangas and Leyte earthquakes which negatively affected the operations of our gas plants […] The post Lopez-led First Gen Q3 profit declines appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsNov 13th, 2017

Finance: BPI's net income declines 7.7% in first semester

BANK of the Philippine Islands (BPI) reported a lower net income as of end-June following one-off gains from the sale of securities a year ago, coupled with higher operating costs as the lender spent more for technology upgrades......»»

Category: newsSource:  philstarRelated NewsAug 3rd, 2017

Meralco’s 9-month profit declines to P15.7 billion

Amid continuing robust sales growth, the net income of Manila Electric Company (Meralco) in nine months this year had been down 3.0-percent to P15.676 billion from last year’s P16.149 billion......»»

Category: newsSource:  mb.com.phRelated NewsOct 24th, 2016

Finance: Insurance firms' total premium income declines

THE INSURANCE industry saw its total premium income decline in the first half of the year as persisting market volatility prompted clients to invest cautiously, the head of the Insurance Commission (IC) said......»»

Category: financeSource:  bworldonlineRelated NewsAug 25th, 2016

Do not rob yourself of future income

How would you take the thought that you are stealing money from your future income? That is what bad debt will do to you if you're not careful with how you spend. I will classify bad debt as m.....»»

Category: newsSource:  philippinetimesRelated News4 hr. 55 min. ago

DOF expects Trabaho bill to create 1.4 million jobs

MANILA, Philippines – The Department of Finance (DOF) expects around 1.4 million jobs to be created between 2021 and 2029, should the Tax Reform for Attracting Better and High Quality Opportunities (Trabaho) bill  be enacted into law. The measure aims to cut the country's corporate income tax (CIT) by a third to 20% and give out fiscal incentives to "deserving" ........»»

Category: newsSource:  rapplerRelated News9 hr. 29 min. ago

Carpio accepts nomination for CJ post, Del Castillo declines

Carpio accepts nomination for CJ post, Del Castillo declines.....»»

Category: newsSource:  thestandardRelated NewsOct 12th, 2018

Index declines as investors lock in gains

The stock market retreated once more yesterday, going back to the 7,000 level......»»

Category: financeSource:  philstarRelated NewsOct 9th, 2018

SM Prime upbeat on third quarter earnings

SM Prime Holdings Inc. said its third quarter net income remains strong despite spiraling inflation and rising interest rates......»»

Category: financeSource:  philstarRelated NewsOct 9th, 2018

Semirara sees coal driving income, revenue in 2019

Semirara Mining and Power Corp. (SMPC) is expected to see its coal segment drive income and revenue until 2019 as its power business is undergoing rehabilitation......»»

Category: financeSource:  philstarRelated NewsOct 7th, 2018

UN must have different approach for MICs – NEDA

THE National Economic and Development Authoirty (NEDA) is hoping that the recent address of one of its top officials at a United Nations (UN) forum would convince the global body to develop a different approach when dealing with middle-income countries (MICs), including the Philippines. NEDA Undersecretary Rosemarie Edillon addressed the UN assembly in late September… link: UN must have different approach for MICs – NEDA.....»»

Category: newsSource:  manilainformerRelated NewsOct 7th, 2018

UN must have different approach for MICs – NEDA

THE National Economic and Development Authoirty (NEDA) is hoping that the recent address of one of its top officials at a United Nations (UN) forum would convince the global body to develop a different approach when dealing with middle-income countries (MICs), including the Philippines. NEDA Undersecretary Rosemarie Edillon addressed the UN assembly in late September [...] The post UN must have different approach for MICs – NEDA appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsOct 6th, 2018

SWS: Duterte admin satisfaction rating declines in Q3

The public satisfaction with President Rodrigo Duterte’s administration suffered an eight-point drop in the third quarter of 2018, according to the latest Social Weather Stations’ survey......»»

Category: newsSource:  philstarRelated NewsOct 6th, 2018