BPI profit hits record high P51.7 billion in 2023
“The bank’s solid financial performance is a reflection of its strengthened customer franchise and deeper customer engagement which led to record volumes and market share gains in several businesses,”.....»»
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......»»
AUB profit hits record high in 2023
Rebisco-led Asia United Bank and its subsidiaries boosted earnings by 32 percent to a record high of P8.3 billion in 2023, from P6.3 billion in 2022......»»
China Bank Savings profit hits record high in 2023
The thrift banking arm of Sy-led China Banking Corp. booked a record high net income of P1.85 billion in 2023 amid the continued expansion in customer base and loans......»»
Cong. Pulong Duterte got P51-B budget in three years
It was his own statement about having his district budget reduced this year that got House members to probe and discover that Davao City First District Representative Paolo ‘Pulong’ Duterte, son of former President Rodrigo Duterte, had received P51 billion in the past years......»»
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......»»
SSS net income soars to all-time high of P83B in 2023
MANILA, Philippines —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»
BDO profit hits record P73.4 billion in 2023
BDO Unibank Inc. grew its earnings by 28.5 percent to hit an all-time high of P73.41 billion in 2023, driven by strong growth across its core businesses......»»
BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis
Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»
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......»»
Cebu hits record high heat index of 39°C
Cebu hits record high heat index of 39°C.....»»
BPI unit targets to onboard more wealthy clients
The wealth management arm of Ayala-led Bank of the Philippine Islands (BPI) aims to onboard more clients with high to ultra-high net worth by the end of the year......»»
SMC’s F& B unit nets record P38 billion in 2023
The food and beverage unit of San Miguel Corp. reached new heights in 2023 as it raked in an all-time high profit of P38.1 billion, with all segments clocking in growth......»»
Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion
Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»
RLC s net income hits all-time high to P12.06B in 2023
RLC s net income hits all-time high to P12.06B in 2023.....»»
Figaro quarterly profit up 7% y/y (121% q/q)
Figaro posted a Q2 profit of P195 million, up 7% from its Q2/22 profit of P182 million, and up 121% from its Q1 profit of P88 million......»»
Filinvest profit hits all-time high in 2023
Filinvest Land Inc., the listed property developer of the Gotianun family, delivered an all-time high net income in 2023 on the back of strong contributions from its residential and leasing business segments......»»
Metrobank earns record P42.2 billion in 2023
Metropolitan Bank & Trust Co. posted record-high earnings of P42.2 billion in 2023, driven by asset expansion, higher margins, improving efficiency levels and better asset quality......»»
EastWest Bank profit hits P6.1 billion
Gotianun-led EastWest Banking Corp. saw its net income jump by 32 percent to P6.1 billion in 2023 from P4.6 billion in 2022 on the back of double-digit growth in loan portfolio and stable funding sources......»»
MIAA doubles profit in 2023
The Manila International Airport Authority is ending its role as operator on a high note, doubling its profit to P4.02 billion in 2023 and raising dividends to the government by 15 times......»»
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......»»