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Xurpas profit plunges 61% to P103M

XURPAS, INC. posted a 61% drop in net income in 2017, amid record revenues that breached the P2-billion mark in the same period. In a regulatory filing, the listed technology firm said it booked a net income of P102.57 million last year, falling from the P264.84 million recorded in 2016. The decline in earnings was […] The post Xurpas profit plunges 61% to P103M appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineApr 16th, 2018

SFA Semicon Philippines net income plunges in 2017

SFA SEMICON Philippines Corp. (SSPC) reported its net income plunged by 71% to $1.83 million in 2017, amid stiff competition and higher costs. In a statement, the local arm of one of Samsung Electronics Co. Ltd.’s South Korean suppliers said its profit was hurt by a 29% jump in cost of sales to $201.07 million. […] The post SFA Semicon Philippines net income plunges in 2017 appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 15th, 2018

PLDT profit plunges on ‘big one-time hit’

Lower revenues and a continued modernization effort saw Pangilinan led-PLDT, Inc.’s 2017 net income plunge by 33 percent to P13.4 billion. In a disclosure on Thursday, the telco said the net income drop — from P20.16 billion in 2016 — was “mainly due to non-core capex-related expenses of P16.7 billion in connection with our transformation [...] The post PLDT profit plunges on ‘big one-time hit’ appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMar 8th, 2018

Index plunges on massive profit taking

MANILA, Philippines - The local stock market kicked off the week on a sour note behind a massive profit taking......»»

Category: financeSource:  philstarRelated NewsNov 22nd, 2016

Profit plunges for Malaysia's Petronas on low oil prices

Profit plunges for Malaysia's Petronas on low oil prices.....»»

Category: newsSource:  rapplerRelated NewsAug 23rd, 2016

Xurpas profit grows 15% in H1

Listed technology firm.....»»

Category: financeSource:  philstarRelated NewsAug 13th, 2016

Goldman Sach s Blankfein to retire as CEO; 2Q profit up 44%

In this Dec. 13, 2016 file photo, the logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. Goldman Sachs reports earnings on July 17, 2018. AP NEW YORK -.....»»

Category: newsSource:  philippinetimesRelated News26 min. ago

STI Holdings’ attributable profit drops 10% on interest expenses

STI Education Systems Holdings, Inc. (STI Holdings) saw its attributable profit drop by 10% in its fiscal year ending March 2018, weighed down by interest expenses due to its bond issuance......»»

Category: newsSource:  bworldonlineRelated News14 hr. 38 min. ago

Profit-taking seen; consolidation expected

Local stocks are seen vulnerable to profit-taking this week as last week's bounce lacked conviction as indicated by the meager trading volume. The Philippine Stock Exchange index (PSEi) rose b.....»»

Category: newsSource:  philippinetimesRelated NewsJul 16th, 2018

7-Eleven hiked profit to P533-million in six months

7-Eleven hiked profit to P533-million in six months Source link link: 7-Eleven hiked profit to P533-million in six months.....»»

Category: newsSource:  manilainformerRelated NewsJul 14th, 2018

PH 7-Eleven operator reports 6-month profit growth of 19.4%

The country's leading convenience store operator, Philippine Seven Corp. (PSC), grew its net profit in the first six months by 19.4 percent year-on-year to P533.2 million, citing the favorable impact of recent individual income tax cuts on consumer spending.   For the second quarter alone, PSC's net profit rose by 18.9 percent year-on-year to P342.7 million, buoyed by the 19.2-percent expansion in sales to P11.55 billion.   The licensee of 7-Eleven stores reported to the Philippine Stock Exchange yesterday that system-wide sales had gone up by 22.7 percent year-on-year in the first semester to P22.2 billion, driven by the increase in the number of operating stores a...Keep on reading: PH 7-Eleven operator reports 6-month profit growth of 19.4%.....»»

Category: newsSource:  inquirerRelated NewsJul 13th, 2018

Concepcion Industrial to buy back shares for employees

Leading consumer appliance and industrial solutions manufacturer Concepcion Industrial Corp. (CIC) has unveiled a program to buy back shares from the stock market and award these to deserving employees. In a recent board meeting, CIC approved the 2018 long-term share incentive plan, which will be funded annually based on 1-2 percent of the company's attributable net profit. The shares will then be given to deserving employees based on predetermined conditions. The program sought to create "equity interest in the company and foster identification with shareholder interests" toward common company goals, CIC said in a disclosure to the Philippine Stock Exchange yesterday. "This ...Keep on reading: Concepcion Industrial to buy back shares for employees.....»»

Category: newsSource:  inquirerRelated NewsJul 11th, 2018

Calamity: Either you sulk or profit from it

His publicists’ “praise releases” don’t mislead President Duterte. From common folk during provincial jaunts he learned that rural economies are in doldrums......»»

Category: newsSource:  philstarRelated NewsJul 11th, 2018

Applications now open for FYLPRO 2018 immersion in PH

WASHINGTON, D.C. --The Filipino Young Leaders Program (FYLPRO) is now accepting applications for the 2018 Immersion Program, which will be held onNovember 18 -- 23in the Philippines. The immersion program is for young Filipinos/Filipino-Americans in the United States who are interested in working with various stakeholders and communities to strengthen Philippines-US ties and advance Philippine interests and advocacies in the United States. It is a joint initiative of the Philippine Embassy and Consulates General in the United States, the Ayala Foundation, Inc. (AFI), and the FYLPRO non-profit organization, Selected delegates will be provided with the opportunity to interact ...Keep on reading: Applications now open for FYLPRO 2018 immersion in PH.....»»

Category: newsSource:  inquirerRelated NewsJul 10th, 2018

SWS: Duterte s satisfaction rating plunges, down across all areas

President Rodrigo Duterte’s satisfaction rating plunged by 11 points during the second quarter of the year, marking a new personal low for the chief executive, according to a survey firm. Source link link: SWS: Duterte's satisfaction rating plunges, down across all areas.....»»

Category: newsSource:  manilainformerRelated NewsJul 10th, 2018

LOOK: Solenn Heussaff bonds with children in Bacolod

Solenn Heussaff spread happiness to the children of Kalipay Foundation in Bacolod City, Negros Occidental recently when she took a trip to the Negros Island with fellow actor Paulo Avelino, among others. Kalipay Negrense Foundation is a non-profit foundation that works for the causes of disadvantaged children, such as those who are homeless, physically and sexually abused, out of school youths, special children, as well as the malnourished. Heussaff took to her Instagram page last Friday, July 6, to share to her fans her interaction with the Kalipay kids. "My Kalsada exhibit lead me to meeting the beautiful children of Kalipay foundation," wrote Heussaff. "Such a heart warming day y...Keep on reading: LOOK: Solenn Heussaff bonds with children in Bacolod.....»»

Category: newsSource:  inquirerRelated NewsJul 9th, 2018

Samsung Electronics flags 5.2% rise in Q2 profit

South Korean telecom giant Samsung Electronics on Friday flagged a 5.2 percent rise in its second quarter operating profit from a year earlier, missing analyst estimates. Samsung’s operating profit is expected to come to 14.8 trillion won ($13.2 billion) for the April-June period, higher than the 14.07 trillion won in the same period in 2017, […].....»»

Category: financeSource:  bworldonlineRelated NewsJul 6th, 2018

US teachers quietly train to carry guns into school

When Donald Trump proposed arming teachers to deter school shooters, the overwhelming response from educators was horror. Yet teachers in Colorado are taking action to carry concealed guns to school. The non-profit group FASTER, set up after 20 small children were killed in 2012 at Sandy Hook Elementary School, has trained more than 1,300 US […].....»»

Category: newsSource:  bworldonlineRelated NewsJul 2nd, 2018

How these millennials are fighting mental illness with art, Scripture

MANILA, Philippines – How can art and Scripture help patients with psychiatric disorders? In the Philippines, one in 5 Filipino adults has some form of mental illness , according to the Department of Health (DOH). Given this, a group of young Filipino millennials formed Christian and non-profit organization Where ........»»

Category: newsSource:  rapplerRelated NewsJul 1st, 2018

Pryce bullish on hitting profit target

Pryce Corp. is confident of meeting its 2018 income target of P1.55 billion after registering robust sales of liquefied petroleum gas (LPG) in the first half......»»

Category: financeSource:  philstarRelated NewsJun 30th, 2018

EU split on migration at mother of all summits

BRUSSELS, Belgium – EU leaders face deep divisions on migration and the eurozone at a crucial summit in Brussels on Thursday, June 28, that could decide the fate of embattled German Chancellor Angela Merkel and even the bloc itself. The meeting comes amid warnings that authoritarian and "anti-European" movements will profit ........»»

Category: newsSource:  rapplerRelated NewsJun 28th, 2018