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Manila Water core income up 3-fourths to P9.6 billion
said its core income in 2023 expanded by three-fourths year-on-year to P9.6 billion on the back of higher consumer demand driven by better economic conditions......»»
Davao cacao council eyes projects to up farmers’ income
THE chairperson of the Davao Region Cacao Industry Development Council (DRCIDC) shared that they are preparing projects to increase the farmers’ income with the help of Mennonite Economic Development Associates (Meda)......»»
Philippines to achieve upper middle-income status by 2031
The Philippines is projected to be an upper middle-income economy by 2031, past the government’s target of reaching the status by 2025, amid a broader growth slowdown in the Association of Southeast Asian Nations (ASEAN) economy, ANZ Research said......»»
‘Philippines elevating to upper-middle income status next year’
The Philippines remains on track to become an upper-middle income economy in 2025, even as the government trimmed its economic growth target for this year, according to the National Economic and Development Authority......»»
Jollibee FY23 profit: P8.8-B (up 16%)
Jollibee posted an FY23 net income attributable of P8.8 billion, up 16% from its FY22 net income of P7.6 billion. Systemwide sales were up 16.3% to P345 billion, with the biggest growth coming from China (+21.9%), the Philippines (+17.6%) and EMEA (+16.0%)......»»
Toral: Creating diverse income in the digital age
Toral: Creating diverse income in the digital age.....»»
Filinvest Development FY23 profit: P12.1-B (up 46%)
Filinvest Development, the Gotianun Family’s mid-tier conglomerate, posted an FY23 consolidated net income of P12.1 billion, up 46% from its FY22 consolidated net income of P8.3 billion......»»
‘Invest to generate passive income’
Now is the time to invest to generate passive income as inflation is expected to slow down this year, according to a financial analyst......»»
First Gen income up 4 percent to P15.4 billion in 2023
Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»
Bloomberry posts FY23 profit of P9.5-B (UP 85%)
Bloomberry, the gaming arm of Enrique Razon’s diversified empire, posted a FY23 consolidated net income of P9.5 billion, up 85% over its FY22 net income of P5.1 billion......»»
ICT FY23 net income down 17% to US $511-M
International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»
Semirara income drops 30% to P27.9 billion
Lower prices of coal and power rates dragged the net income of Semirara Mining and Power Corp. by 30 percent to P27.9 billion in 2023 from P39.9 billion in 2022......»»
MREIT income climbs in 2023
MREIT Inc., the real estate investment trust company of Andrew Tan-led Megaworld Corp., reported a 13 percent expansion in distributable income to P2.8 billion last year......»»
SM Investments FY23 net income up 25% to P77-B
SM Investments teased its FY23 results with a headline 25% improvement in its net income to P77.0 billion, backed by an 11% increase in consolidated revenues and strong performances across its portfolio, particularly in the banking and property development segments......»»
Landbank income exceeds P40 billion mark
State-run Land Bank of the Philippines expects its income to reach P45 billion this year after overshooting its 2023 bottomline target......»»
Ways to address income inequality
I wrote two columns last month on the topic “income inequality.”.....»»
Pryce teases a record P2.22-B in FY23 net income
Pryce Corp. gave us a preview of its FY23 Annual Report yesterday with P2.22 billion in FY23 comprehensive net income as the headline......»»
Shell Pilipinas net income jumps to P1.4 billion in Q1
Shell Pilipinas Corp. reported a net income of P1.4 billion in the first quarter, reversing the P310.2-million net loss booked in the same quarter last year......»»
AREIT s Q1 net income up 45%
AREIT s Q1 net income up 45%.....»»
Jollibee s net income at P2.6B
Jollibee s net income at P2.6B.....»»