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Strong core businesses underpin GT Capital Q1 performance

Conglomerate GT Capital Holdings Inc. delivered higher earnings in the first quarter, bolstered by the strong performances of its core businesses......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Banking, power, property drive up FDC profit

Strong contributions from the banking, power and property businesses fueled a double-digit earnings growth for Filinvest Development Corp. in the first quarter......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

Higher tariff, water use buoy Manila Water earnings

Razon-led Manila Water Company Inc. saw its first quarter net income grow by more than a third compared to last year on the back of higher tariff coupled by increase in water usage in its covered areas......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

LTG delivers steady profit

LT Group Inc. of taipan Lucio Tan posted a slight improvement in its profit in the first quarter as strong performances from its banking and beverage units were weighed down by lower earnings contributions from other businesses......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Monde Nissin earns 53 percent more in 3 months

Core earnings of snack food giant Monde Nissin Corp. grew by more than half in the first quarter due to a record performance of its Asia-Pacific branded food and beverage (APAC BFB) business......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Banks reap P92 billion profit in 3 months

Philippine banks turned more profitable in the first quarter, reaping almost three percent higher earnings to P92 billion due to higher net interest income. .....»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Figaro posts rise in quarterly earnings

Figaro Coffee Group Inc. (FCG) sustained its momentum in the third quarter of its current fiscal year, delivering a five percent rise in net income to P105 million on the back of higher revenues......»»

Category: financeSource:  philstarRelated NewsMay 10th, 2024

PCSO sees higher earnings if illegal gambling curbed

The Philippine Charity Sweepstakes Office (PCSO) could have remitted higher dividends to the government had the authorities been successful in neutralizing illegal gambling operations in the country. .....»»

Category: newsSource:  philstarRelated NewsMay 10th, 2024

PLDT rings in P9.8 B profit in Q1, up by 9%

PLDT, the country’s largest telco, is adjusting well to the shrinking market for broadband products and spiraling cost of goods and services as it generated earnings of almost P10 billion in the first quarter of the year......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

First Gen income drops to P4.5 billion

The profit of Lopez-led power firm First Gen Corp. declined by nine percent to P4.5 billion in the first quarter from a year-ago level of P4.9 billion on the back of lower earnings from its geothermal and natural gas units......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

F& B firms post strong earnings in January-March

Food and beverage firms led by Ramon Ang and the Po family recorded strong first quarter results on the back of higher sales for the period......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Petron earnings grow 16 percent to P3.9 billion in Q1

The net income of Petron Corp. went up by 16 percent to P3.93 billion in the first quarter from P3.4 billion in the same quarter last year on the back of higher sales volume......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

AboitizPower earnings rise 4 percent to P7.9 billion in Q1

Aboitiz Power Corp. hiked its net income by four percent in the first quarter to P7.9 billion due to higher generation portfolio margins......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Chinabank profit jumps 18 percent to P5.9 billion

The earnings of China Banking Corp. grew by 18 percent to P5.9 billion in the first quarter from P5 billion in the same period a year ago, driven by sustained expansion of its core business......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

P1-M worth of shabu seized from dealer linked to Dawlah Islamiya

Policemen confiscated P1 million worth of shabu from a dealer who reportedly shared earnings to leaders of the Dawlah Islamiya, entrapped in Mulondo town in Lanao del Sur over the weekend......»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

PNB books 10.4% growth in Q1 income

Philippine National Bank of tobacco and airline magnate Lucio Tan booked a 10.4-percent increase in earnings to P5.31 billion in the first quarter from a year-ago level of P4.81 billion, boosted by core business growth and lower credit provisions......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

Haus Talk nets P243 million in 2023

Listed property developer Haus Talk Inc. saw its earnings jump by 23 percent to P242.6 million last year as revenue expanded by more than half......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

AllDay Supermarket earns 22% more in 2023

Strong revenues boosted earnings of Villar-led mid-premium supermarket chain AllDay Supermarket to rise by 22.4 percent to P369 million in 2023......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Exxon Mobil and Chevron Report Lower Earnings – The Daily Guardia

In the first quarter of this year, Exxon Mobil and Chevron, two of the largest American energy companies, reported lower earnings compared to the previous.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 27th, 2024

Philex net income drops on lower metal output

The earnings of Philex Mining Corp. plunged by 70 percent to more than P110 million in the first quarter as revenues fell due to lower metal output......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024