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ACEN FY23 profit: P7.4-B (down 43%)

ACEN, the Zobel Family’s renewable energy holding company, posted an FY23 net income of P7.4 billion, which was 43% lower than the P8.6 billion it made in FY22......»»

Category: financeSource: philstar philstarMar 14th, 2024

Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q

Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

FILRT’s FY23 performance is down across all major metrics

Filinvest REIT put out a press release to accompany the dividend that it declared on Monday, and I found a few things interesting when I compared this PR to the one they released last year around the same time......»»

Category: financeSource:  philstarRelated NewsFeb 28th, 2024

Semirara Q1 profit: P6.5-B (down 28%)

Semirara Mining and Power posted a Q1 net income of P6.5 billion, down 27.6% y/y from its Q1/23 net income of P9.0 billion, and up 23% q/q from its Q4/23 net income of P5.3 billion......»»

Category: financeSource:  philstarRelated NewsMay 7th, 2024

AllHome FY23 profit: P797-M (down 15%)

AllHome posted a FY23 net income of P797 million, down 15% from its FY22 net income of P933 million......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

CTS Global FY23 profit: P23-M (down 56%)

CTS Global posted a FY23 net income of P23 million, down 56% from the P52 million it reported in FY22......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

Residential, mall growth boost FLI profit

The real estate developer of the Gotianun clan kicked off the year with a 14 percent increase in profit, picking up growth momentum from the residential and mall segments......»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit

Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit.....»»

Category: newsSource:  sunstarRelated NewsMay 11th, 2024

Cebu Pacific profit soars

Low-cost carrier Cebu Pacific reached a cruising altitude in the first quarter of the year, doubling its profit to more than P2 billion due to the holiday boom for air travel......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

SM Prime builds up profit to P10.5 billion

Sy-led integrated property developer SM Prime Holdings Inc. booked higher profit in the first quarter on the back of robust revenues, particularly from its malls......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

PAL profit tumbles on price pressures

Flag carrier Philippine Airlines felt the shock of ballooning prices of fuel and services in the first quarter of the year, suffering a 13- percent drop in profit due to higher spending......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

LBC back to profit on cost cutting

Logistics courier LBC Express Holdings Inc. booked a profit of nearly P200 million in 2023, as it slashed business costs to offset the decrease in revenue......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

GMA Network profit falls to P3.2 billion in 2023

Broadcast leader GMA Network Inc. was hit with a 42 percent decline in its profit in 2023, as the company endured a P3 billion drop in revenue in the absence of election placements......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

AGI posts record P30.3 billion profit

Alliance Global Group Inc., the holding company of tycoon Andrew Tan, saw its profit rise by a fifth to reach record high levels in 2023 despite higher inflation, which pushed overall costs and expenses up during the year......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

GOCC handling Clark complex posts 33 percent profit drop in 2023

The state-run firm tasked to manage the Clark Civil Aviation Complex sustained a 33 percent cut to its profit in 2023, hurt by a combination of revenue decline and spending hike......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

FDC eyes return to pre-COVID-19 profit

Filinvest Development Corp., the listed conglomerate of the Gotianun family, is bullish on its growth prospects this year, with the company setting its sights on returning to pre-pandemic profit levels......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

PAL prospers post-pandemic, triples profit

Lucio Tan-owned Philippine Airlines tripled its profit to nearly P17 billion in 2023, lifted by its sustained dominance in the market for international travelers even with the entry of new players......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Cebu Pacific books P8 billion profit in 2023

Low-cost carrier Cebu Pacific found itself landing on solid ground in 2023, as it booked a profit of nearly P8 billion on the back of a resurgent demand for air travel......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

JG Summit core profit soars in 2023

Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Ayala Corp profit hits record high in 2023

Core profit of conglomerate Ayala Corp. rose by nearly half to reach record high levels in 2023 due to the strong performances of its banking, real estate and power businesses......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

RLC posts record P12.1 billion profit in 2023

Robinsons Land Corp. raked in a record profit of P12.06 billion in 2023 as malls gained from the recovery of consumer confidence and spending......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024