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AUB income down 36% in 6 months

Rebisco-led Asia United Bank incurred a 36 percent drop in net income to P1.9 billion in the first half, from P2.4 billion in the same period last year, on the back of lower trading and securities gains amid the COVID-19 pandemic......»»

Category: financeSource: philstar philstarAug 12th, 2021

SMC rebounded to post P29.6-b net income in first six months

Conglomerate San Miguel Corp. said Thursday first-half net income reached P29.6 billion, a sharp turnaround from the P4-billion net loss it incurred in the same period last year as all major businesses posted strong recovery from the impact of the pandemic......»»

Category: financeSource:  thestandardRelated NewsAug 5th, 2021

VMC income up 14% to P637 million

Victorias Milling Co. Inc. reported a 14 percent rise in its consolidated net income in the nine months of the current crop year, driven by higher raw sugar sales......»»

Category: financeSource:  philstarRelated NewsJul 15th, 2021

Pag-IBIG income rises to P11 billion in 4 month

The Home Development Mutual Fund realized a two percent increase in its net income in the first four months of the year to P11.08 billion......»»

Category: newsSource:  philstarRelated NewsJun 4th, 2021

NLEX Corp.& rsquo;s income fell 17% in 3 months

NLEX Corp. said net income dropped 17 percent in the first three months of the year due to manpower reduction program and expenses related to installation of RFID to all vehicles as mandated by the government......»»

Category: financeSource:  thestandardRelated NewsMay 25th, 2021

Converge raises Q1 earnings three times as remote work boost persists

Net income was still on a roll in the first 3 months of the year, up nearly threefold to P1.5 billion compared to year-ago level......»»

Category: newsSource:  philstarRelated NewsMay 17th, 2021

First Gen earnings up 29% in January-March

Net income of Lopez-led First Gen Corp. rose by 28.9 percent in the first three months of the year, to P4.04 billion, helped by new contracts secured last year and lower expenses......»»

Category: newsSource:  philstarRelated NewsMay 15th, 2021

Razon s ICTSI recaptures lost ground to end 2020 in black

Prior to this audited report, ICTSI was running a 1% decline in net income in the first 9 months, financial results showed. .....»»

Category: financeSource:  philstarRelated NewsMar 4th, 2021

BSP posts lower net income

The Bangko Sentral ng Pilipinas (BSP) posted lower profits as of end-November 2020 amid the decline in interest income year-on-year. Preliminary data from the BSP revealed its net income for the first 11 months of the year at P34.51 billion, a 16.60 percent decline from the P40.24 billion posted in the same period last year. […] The post BSP posts lower net income appeared first on Daily Tribune......»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2021

Balance of payments posted $11.8-b surplus in 11 months

The Philippines’ balance of payments posted a surplus of $1.47 billion in November, up from a $541-million excess in the same month last year, on sustained inflows from the Bangko Sentral ng Pilipinas’ foreign exchange operations and income from investments abroad......»»

Category: financeSource:  thestandardRelated NewsDec 29th, 2020

NLEX Corp.& rsquo;s net earnings down 44% in nine months

NLEX Corp. said Monday net income fell 44 percent in the first nine months from a year ago after Luzon was placed under the enhanced community quarantine in the second quarter......»»

Category: financeSource:  thestandardRelated NewsDec 1st, 2020

Great Deals on mobile, broadband plans await at Gift Love, Gift Local Online Sale on Globe myBusiness Shop

For small and medium enterprises, the past few months have been challenging given the loss of income or lower demand due to the restrictions implemented for everyone’s safety. Fortunately, SMEs are now gradually getting back on track, especially those who have embraced digital means to adapt to the new no-contact world......»»

Category: techSource:  thestandardRelated NewsNov 27th, 2020

Benguet swings to profit

Listed miner Benguet Corp. posted a net income of P82.8 million in the first nine months of the year on the back of higher revenues and better global prices......»»

Category: financeSource:  philstarRelated NewsNov 25th, 2020

DM Wenceslao& rsquo;s income climbs 10% to P1.83b

Property developer DM Wenceslao Associates Inc. said Tuesday net income attributable to equity holders rose10 percent in the first nine months to P1.83 billion from P1.66 billion a year ago on higher residential and rental revenues......»»

Category: financeSource:  thestandardRelated NewsNov 18th, 2020

Vitarich turns around, registers P3.6 million profit

Vitarich Corp., one of the country’s pioneers in poultry and feed manufactur­ing, reported a net income of P3.6 million in the first nine months, a significant turnaround from the P105.6 million loss incurred in the same period a year ago......»»

Category: financeSource:  philstarRelated NewsNov 17th, 2020

Apex Mining earns record high P991 million

Apex Mining Co. Inc. recorded a record-high income in the nine months to September as prices in the global market continue to skyrocket despite the pandemic......»»

Category: financeSource:  philstarRelated NewsNov 17th, 2020

Vista Land net income down 39% in Jan-Sep

VILLAR-LED Vista Land and Lifescapes Inc. saw its consolidated net income slump by 39 percent to P5.5 billion in the first nine months of the year as the coronavirus disease 2019 (Covid-19) pandemic continued to affect its operations. The property developer’s consolidated revenues likewise dropped 25 percent to P25.7 billion during the period. Despite the […].....»»

Category: newsSource:  manilatimes_netRelated NewsNov 17th, 2020

Vista Land books P5.5-b net income

Vista Land & Lifescapes Inc., the integrated real estate arm of the Villar Group, said Monday net income in the first nine months declined 39 percent to P5.5 billion from a year ago, as the pandemic affected residential sales......»»

Category: financeSource:  thestandardRelated NewsNov 17th, 2020

GMA& rsquo;s profit soars 78% to P3.90b; ABS-CBN loses P7.22b

GMA Network Inc. said Monday net income surged 78 percent in the first nine months to P3.90 billion from P2.19 billion a year ago despite the absence of incremental sales from the 2019 elections......»»

Category: financeSource:  thestandardRelated NewsNov 17th, 2020

ATI net income down 31% in 9 mos.

Asian Terminals Inc. registered lower net income in the nine months ending September as revenues fall on the back of lower container volumes resulting from the impact of the coronavirus pandemic......»»

Category: financeSource:  philstarRelated NewsNov 16th, 2020

GT Capital reports 69% drop in net income in 9 months

GT Capital Holdings Inc. saw earnings decline in the nine months ending September despite posting stronger third quarter results......»»

Category: financeSource:  philstarRelated NewsNov 16th, 2020