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DOF drops income tax hike for dividend income

The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Mandtra Residences Showroom Opens In Mandaue City

Cebu Landmasters Inc. (CLI) and Cebu Homegrown Developers Inc. opened Mandtra Residences’ showroom in Casuntingan, Mandaue City.  Elegantly designed with an urban tropical style, the high-ceiling showroom includes outdoor and indoor lobbies, a reception area, a meeting room, sales office, a bare studio type unit, and fully-furnished studio and one-bedroom units. CLI Chairman and Chief.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

CLI: 2024 ‘great year’ for real estate, economy

CLI: 2024 ‘great year’ for real estate, economy.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

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% […].....»»

Category: newsSource:  metrocebuRelated NewsMar 7th, 2024

Cebu Landmasters FY23 profit: P4.6-B (up 29%)

Cebu Landmasters [CLI 2.85 unch] [link] teased its FY23 performance at an analyst briefing where it revealed full-year net income of P4.6 billion (up 29%) and total revenues of P18.8 billion (up 20%)......»»

Category: financeSource:  philstarRelated NewsMar 21st, 2024

WATCH: Palawan s hidden gem Pamuayan Falls

Pamuayan Falls, also called Pawpawyan Falls, is a beautiful little waterfall located 5.6 kilometers northeast from the coastal town of Port Barton in San Vicente, Palawan......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

MacroAsia FY23 profit: P1.1-B (up 132%)

MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

MacroAsia FY23 profit: P1.1-B (up 132%)

MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

DMCI posts FY23 net income of P24.7-B (down 21%)

DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)

Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Semirara FY23 net income down 30% to P27.9-B

Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Philippine Bank of Communications profit climbs 16.3 percent to P1.9 billion in 2023

Lucio Co’s Philippine Bank of Communications (PBCom) grew its income by 16.3 percent to P1.9 billion in 2023 from P1.6 billion a year earlier, mainly due to higher operating income from better trading performance......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

First Gen income up 4 percent to P15.4 billion in 2023

Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Jollibee FY23 profit: P8.8-B (up 16%)

Jollibee posted an FY23 net income attributable of P8.8 billion, up 16% from its FY22 net income of P7.6 billion. Systemwide sales were up 16.3% to P345 billion, with the biggest growth coming from China (+21.9%), the Philippines (+17.6%) and EMEA (+16.0%)......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Semirara income drops 30% to P27.9 billion

Lower prices of coal and power rates dragged the net income of Semirara Mining and Power Corp. by 30 percent to P27.9 billion in 2023 from P39.9 billion in 2022......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

CLI approves issuance of P5 billion preferred shares

Cebu Landmasters Inc., the listed property developer focused in the Visayas and Mindanao regions, will issue five million Series A preferred shares to raise up to P5 billion......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Chavit’s P200,000 ‘donation’ falls under income – Artes

Former Ilocos Sur governor Luis “Chavit” Singson’s “donation” of P200,000 to the Metropolitan Manila Development Authority is considered retained income, contrary to a statement by a Civil Service Commission official, acting MMDA Chairman Romando Artes said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 17th, 2024

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

SM Prime Holdings Inc. (SMPH), the leading integrated property developer in the Philippines, marks its 30th anniversary as a publicly listed company with the announcement of its highest-ever recorded income and a P100 billion investment......»»

Category: financeSource:  philstarRelated News10 hr. 4 min. ago

EastWest Bank posts P6.1 billion in net income in 2023

EastWest Bank posts P6.1 billion in net income in 2023.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

Vista Land FY23 profit: P10.3-B (up 39%)

Vista Land and Lifescapes posted an FY23 net income of P10.3 billion, up 39% from its FY22 net income of P7.4 billion......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024