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EastWest 9-mo profit up 43% to P4.6B

LISTED East West Banking Corp. (EastWest Bank) is optimistic on its performance this year after posting a double-digit growth in net income for the January-to-September period. In a disclosure on Monday, the lender reported its net profit increased by 43.74 percent to P4.6 billion in January to September this year from the P3.2 billion during […].....»»

Category: newsSource: manilatimes_net manilatimes_netNov 11th, 2019

EastWest 9-mo profit up 43% to P4.6B

LISTED East West Banking Corp. (EastWest Bank) is optimistic on its performance this year after posting a double-digit growth in net income for the January-to-September period. In a disclosure on Monday, the lender reported its net profit increased by 43.74 percent to P4.6 billion in January to September this year from the P3.2 billion during […].....»»

Category: newsSource:  manilatimes_netRelated NewsNov 11th, 2019

MerryMart posts 50% profit growth

Newly-listed grocery chain MerryMart Consumer Corp. said Wednesday net income in the first quarter rose 50 percent from a year ago on the back of a double-digit growth in revenues......»»

Category: financeSource:  thestandardRelated NewsJul 2nd, 2020

GERI profit reaches P365 million in Q1

Global-Estate Resorts Inc., the Andrew-Tan listed developer of master-planned tourism and leisure townships and integrated lifestyle communities, recorded a net profit of P365 million in the first quarter, down 32 percent year on year......»»

Category: financeSource:  philstarRelated NewsJul 1st, 2020

Alliance Global& rsquo;s profit declined 32% to P3b in first quarter on virus impact

Alliance Global Group Inc., the holding company of billionaire Andrew Tan, said net income fell by 32 percent in the first quarter to P3 billion from P4.4 billion in the same period last year as core businesses were affected by the coronavirus pandemic......»»

Category: financeSource:  thestandardRelated NewsJul 1st, 2020

Ginebra hopeful mof posting profit amid health crisis

Ginebra San Miguel Inc., San Miguel Corp.’s hard liquor business, expects to still post an income this year despite a challenging business environment......»»

Category: financeSource:  philstarRelated NewsJun 28th, 2020

Dreaded diners

What could be more unpalatable than profit eaten up COVID-19 restrictions? The answer may lie in profit lost from dishonest customers. More than the coronavirus itself, physical distancing is a restaurant owner’s nightmare amid the pandemic as it limits diner traffic resulting in poor sales. For other restaurateurs, however, less foot traffic is more preferable […] The post Dreaded diners appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsJun 26th, 2020

Retailers Association in CamSur bounces back amid COVID-19 pandemic

NAGA CITY, June 23 (PIA) - Months of inaction for most of the businesses not just in Camarines Sur but also in most part of the globe means loss in profit and worst, bankruptcy.This prompted.....»»

Category: newsSource:  manilanewsRelated NewsJun 26th, 2020

Kaspersky reviews password stealers that target gaming

Gaming platforms represent an industry with a multi-million user audience. Cybercriminals are fully aware of this, utilizing various types of malware to profit from gamers. To understand the extent of exploitation, Kaspersky reviewed threats targeting major gaming platforms and found at least four malware specimens that are capable of stealing users’ account data from platforms such as Battle.net, Origin and Uplay, in order to resell it afterwards. However, these Trojans are not just looking to affect gameplay but your banking details could also be at risk......»»

Category: sportsSource:  thestandardRelated NewsJun 25th, 2020

Filinvest president says EastWest Bank not for sale

EastWest Banking Corp., the financial unit of Filinvest Development Corp., is not for sale, according to Josephine Gotianun-Yap, the group’s president and chief executive......»»

Category: financeSource:  thestandardRelated NewsJun 24th, 2020

Market declines slightly; Metro Pacific, Ayala rise

Stocks retreated Friday on mild profit taking and mixed trading, as investors turned cautious after the virus spiked in several places including Beijing, Tokyo, Germany, Florida and Texas......»»

Category: newsSource:  inquirerRelated NewsJun 20th, 2020

Alsons registered P310-m profit in Q1

Alsons Consolidated Resources Inc., the listed company of the Alcantara Group, said Thursday net income climbed to P310 million in the first quarter from P104 million in the same period last year......»»

Category: financeSource:  thestandardRelated NewsJun 19th, 2020

Market ends flat; Ayala advances

Stocks closed virtually flat Wednesday as investors weighed fresh signs the world economy is in recovery against fears of a second virus wave, geopolitical tensions and profit-taking......»»

Category: financeSource:  thestandardRelated NewsJun 18th, 2020

GMA Network& rsquo;s profit increases 14% to P2.63b

GMA Network Inc. said Tuesday net income rose 14 percent in 2019 to P2.63 billion from higher political advocacies and traditional advertisements. .....»»

Category: sportsSource:  abscbnRelated NewsJun 16th, 2020

Market sinks; BPI, JG Summit drop

The stock market tumbled Monday on profit-taking along with the rest of Asia, on fears of a second wave of virus infections around the world that could put the brakes on the easing of lockdowns and a budding economic recovery......»»

Category: financeSource:  thestandardRelated NewsJun 15th, 2020

Profit taking pulls down market; BDO, Ayala drop

The stock market sank Wednesday on profit taking as investors appeared to run out of steam after an extended rally fueled by economic recovery hopes as coronavirus restrictions are eased around the world......»»

Category: sportsSource:  abscbnRelated NewsJun 11th, 2020

Market up; Bloombery, ICTSI gain

The stock market extended its rally Tuesday along with the rest of Asia, as long-running optimism over the re-opening of economies overcame early profit-taking to extend a rally across world markets......»»

Category: financeSource:  thestandardRelated NewsJun 10th, 2020

PLDT eyes higher profit in first half

PLDT Inc. said Tuesday it expects first-half earnings in 2020 to grow from a year ago despite the impact of the coronavirus pandemic. .....»»

Category: financeSource:  thestandardRelated NewsJun 10th, 2020

EastWest protected by a different kind of & lsquo;PPE& rsquo;

Just as people need personal protective equipment to safeguard themselves against the threat of the COVID-19 pandemic, banks and businesses must also adopt their own “PPEs”---the importance of People, Process, and Equipment---to shore up their information security, says EastWest Chief Information Security Officer Joey A. Regala......»»

Category: techSource:  thestandardRelated NewsJun 8th, 2020

Century Properties profit falls 24% in Q1

Century Properties Group Inc., the listed property developer of the Antonio family, posted a net income of P290 million in the first quarter of the year, down by 24 percent from P384 million a year ago......»»

Category: financeSource:  philstarRelated NewsJun 8th, 2020

Century Properties registered P290-m profit in first quarter

Listed property developer Century Properties Group Inc. said Monday net income declined 21 percent in the first quarter to P290 million from P367.8 million in the same period last year......»»

Category: financeSource:  thestandardRelated NewsJun 8th, 2020