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DMCI Holdings net income down 20% to P24.9B as revenue drops
DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»
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......»»
Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q
Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»
DMCI hikes capex to P59 billion this year
The DMCI Group of the Consunji family is raising its capital spending by nearly a quarter to P59.1 billion this year, with the majority of its businesses allocating higher investments to support their respective expansions......»»
DMCI Homes earmarks P16 billion for capex in 2024
DMCI Homes, the property development arm of the Consunji Group, is allocating around P16 billion in capital expenditures this year to expand its portfolio......»»
DMCI, Marubeni investing P15 billion for property venture
DMCI Homes of the Consunji family and Japanese trading conglomerate Marubeni Corp. are investing around P15 billion for their real estate joint venture project......»»
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......»»
Boulevard Holdings sells 1.5-B shares to ownership group
Boulevard Holdings advised that its stockholders approved a measure to increase BHI’s authorized capital stock from 17 billion shares to 18.5 billion shares, and to sell the 1.5 billion shares to a company called Puerto Azul Landn Inc., which is also owned and controlled by the Panlilio family......»»
DMCI Homes putting up 2nd leisure project in Benguet
Following the success of the company’s first leisure property in Batangas, Consunji-led DMCI Homes is developing an eco-agri mountain resort condotel in the town of Tuba, Benguet......»»
Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO
Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»
JG Summit core profit soars in 2023
Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»
DMCI keen on entry into cement business
The Consunji Group is looking to pursue its entry into the cement business with the acquisition of Cemex Holdings Philippines (CHP)......»»
DMCI eyes entry into cement business
The Consunji Group is looking to diversify into a new industries, with the cement business among those being considered through a potential acquisition of Cemex Holdings Philippines......»»
Of senators and bilyonaryos
The buzz among some of the country’s billionaires these days is how Senator Raffy Tulfo called out tycoon Isidro “Sid” Consunji, chairman and CEO of DMCI Holdings Inc., for supposedly dozing off during a Senate hearing last week......»»
DMCI Holdings cautiously optimistic for 2024
The Consunji Group is taking a cautiously optimistic outlook for this year......»»
Universal Robina FY23 profit: P12.8-B (down 12%)
Universal Robina, the Gokongwei Family’s consumer foods manufacturer, posted an FY23 net income of P12.8 billion, which was down 12% from FY22’s P13.6 billion which URC said was a “high base” due to the gains recognized on the sale of land......»»
Leyte sets aside P20-M for Covid-19 vaccines
ACQUIRING VACCINES. Leyte Governor Leopoldo Dominico Petilla is shown during a meeting on Dec. 11, 2020. The provincial government of Leyte has initially allocated PHP20 million for the procurement of Covid-19 vaccines once it is available in the market, Petilla said on Monday (Dec. 21, 2020). (Photo courtesy of the Leyte provincial government) TACLOBAN CITY […].....»»
UnionBank profit down 28 percent to P9.2 billion in 2023
The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»
Roxas Holdings’ net loss triples to P2.2 billion
The net loss of sugar and ethanol producer Roxas Holdings Inc. more than tripled in its fiscal year 2023 as the group reeled from the closure of its milling operations......»»
8990 Holdings expands buyback limit to P7-B of stock
8990 Holdings disclosed that its board of directors voted to “expand” a P2 billion stock buyback program that was originally established back in 2019, which was then suspended during the pandemic to conserve cash......»»