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Philippines GDP expands by 5.7 pct in Q1

MANILA, May 9 (Xinhua) -- The Philippines' gross domestic product (GDP) expanded 5.7 percent year-on-year in the first quarter of 2024, the Philippine Statistics Authority (PSA) said Thursday. The latest figure is higher than the 5.5 percent growth in the fourth quarter of 2023, but lower than the 6.4 percent expansion posted in the first quarter of 2023. PSA head Dennis Mapa told a press conference that.....»»

Category: newsSource:  manilanewsRelated NewsMay 10th, 2024

Megaworld posts record financial outcome in 2023

Real estate giant Megaworld Corp. capped off 2023 with a record financial performance, posting a net income of P19.4 billion, 26 percent higher year-on-year......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Cosco posts 2-digit jump in Q1 earnings

Robust revenues fueled a double-digit increase in the earnings of Lucio Co’s listed retail holding firm Cosco Capital Inc. in the first quarter......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Robinsons Retail posts higher earnings in Q1

Higher sales from new stores and sustained demand in the food retail and drugstores segments boosted earnings of Gokongwei-owned Robinsons Retail Holdings Inc. in the first quarter......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Philippines posts 5.6% GDP growth in 2023, misses gov t target

The country’s gross domestic product (GDP) grew 5.6% in the fourth quarter from a year earlier, falling short of the government target, the Philippine Statistics Authority (PSA) reported on Wednesday......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

Sun Savings Bank achieves P79M net income, expands consumer loan offerings for 2024

Sun Savings Bank achieves P79M net income, expands consumer loan offerings for 2024.....»»

Category: newsSource:  sunstarRelated News10 hr. 45 min. ago

Jollibee Q1 profit: P2.6-B (up 27%)

Jollibee posted a Q1 net income attributable of P2.6 billion, up 27% from its Q1/23 net income attributable of P2.1 billion.....»»

Category: financeSource:  philstarRelated NewsMay 17th, 2024

AREIT s Q1 net income up 45%

AREIT s Q1 net income up 45%.....»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024

Jollibee s net income at P2.6B

Jollibee s net income at P2.6B.....»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024

Pinoy farmers’ income up by 20 percent – World Bank

Filipino farmers’ income has increased by 20 percent as a result of World Bank-funded projects under the Philippine Rural Development Project (PRDP), with the country receiving a satisfactory rating on the implementation of the $600 million loan project......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

Figaro coffee ends 2023 with P480.38 million in net income

Figaro coffee ends 2023 with P480.38 million in net income.....»»

Category: newsSource:  sunstarRelated NewsMay 10th, 2024

DigiPlus Q1 profit: P2.0-B (up 370%)

DigiPlus Interactive reported a Q1 net income of P2.0 billion, up 370% y/y from its Q1/23 net income of P0.4 billion......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

DigiPlus reports P2 billion net income in Q1 2024

Digital entertainment firm DigiPlus Interactive Corp. recorded a net income of P2 billion in the first three months of 2024......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Apex Mining Q1 profit: P853-M (+55%)

Apex Mining reported a Q1 net income of P853 million, up 55% y/y from its Q1/23 net income of P549 million......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Philippine National Bank s Q1 2024 net income hits P5.3 billion

Philippine National Bank s Q1 2024 net income hits P5.3 billion.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

Robinsons Land clinches P4.7 billion net income in Q1 2024

Robinsons Land clinches P4.7 billion net income in Q1 2024.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 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

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 27th, 2024

Metro Retail Earns PHP618 Million in 2023; Continues Initiatives for Growth

For the full year 2023, Metro Retail Stores Group, Inc. (MRSGI) reported an aggregate net income of PhP618.0 million vs PhP917.3 million in 2022, a slippage of 32.6%. In terms of core net income which excludes one-time gains such as accounting adjustment on leases and insurance claims in 2022, the Company’s earnings were down only […].....»»

Category: newsSource:  metrocebuRelated NewsApr 25th, 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024