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Filinvest& rsquo;s profit rose 50% in Q1 to P3.86 billion

Filinvest& rsquo;s profit rose 50% in Q1 to P3.86 billion.....»»

Category: financeSource: thestandard thestandardMay 16th, 2019

Megaworld& rsquo;s net profit rose 18% to P17.9b last year

Property developer Megaworld Corp. said Thursday net income increased 18 percent in 2019 to P17.9 billion from P15.2 billion in 2018 on double-digit growth in leasing and residential revenues......»»

Category: financeSource:  thestandardRelated NewsApr 30th, 2020

UnionBank& rsquo;s net profit rose 22% to P2.6b in first quarter

Union Bank of the Philippines, the eighth-largest lender in terms of assets, said net income in the first quarter rose 22 percent year-on-year to P2.6 billion, on the strength of its core businesses......»»

Category: financeSource:  thestandardRelated NewsApr 27th, 2020

Eagle Cement& rsquo;s profit rose by 25% to P6.01b in 2019

Eagle Cement Corp., a cement company controlled by business tycoon Ramon Ang, said net income in 2019 climbed 25 percent to P6.01 billion from P4.8 billion in 2018 on the back of robust sales......»»

Category: financeSource:  thestandardRelated NewsMar 24th, 2020

San Miguel Food& rsquo;s profit climbed 6% to P32.3b last year

San Miguel Food and Beverage Inc. said Wednesday net income rose 6 percent in 2019 to P32.28 billion from a year ago on the back of higher revenues......»»

Category: financeSource:  thestandardRelated NewsMar 12th, 2020

PNB& rsquo;s & lsquo;19 net profit rose to P9.8b

Philippine National Bank, the fifth-largest lender in terms of assets, said Monday net income in 2019 increased slightly to P9.8 billion from P9.6 billion a year ago, driven mainly by the growth in net interest income, fees and commissions as well as trading gains......»»

Category: financeSource:  thestandardRelated NewsMar 9th, 2020

DBP& rsquo;s 2019 net profit rose 5.9% to P6.06b

State-run Development Bank of the Philippines, the 10th argest lender in terms of assets, said Friday net income in 2019 rose 5.9 percent to P6.06 billion from P5.72 billion in 2018......»»

Category: financeSource:  thestandardRelated NewsFeb 28th, 2020

LandBank& rsquo;s net profit rises 20% to P18.51b

Land Bank of the Philippines said net income rose 20 percent in 2019, exceeding the bank’s profit guidance of P16.6 billion. .....»»

Category: financeSource:  thestandardRelated NewsJan 30th, 2020

SM Prime books P17.5-b profit

SM Prime Holdings Inc., the country’s leading integrated property company, said Monday net income rose 15 percent in the third quarter to P4.9 billion from P4.2 billion a year ago, driven by the sustained growth of shopping mall and residential busi.....»»

Category: financeSource:  thestandardRelated NewsNov 7th, 2016

Puregold& rsquo;s profit climbed 16.8% to P1.76b in Q1

Supermarket chain operator Puregold Price Club Inc. said Friday consolidated net income increased by 16.8 percent in the first quarter to P1.76 billion from P1.51 billion in the same period last year as the coronavirus pandemic boosted demand for essential goods......»»

Category: financeSource:  thestandardRelated NewsMay 29th, 2020

San Miguel& rsquo;s profit plunges 91% to P1.1b

Conglomerate San Miguel Corp. said Thursday net income fell 91 percent in the first quarter to P1.09 billion from P12.82 billion in the same period last year as the coronavirus pandemic weighed on its overall business......»»

Category: financeSource:  thestandardRelated NewsMay 28th, 2020

Store closure led to Jollibee& rsquo;s P1.8-b loss in first quarter

Restaurant operator Jollibee Foods Corp. incurred a net loss of P1.79 billion in the first quarter, a reversal of the P1.46-billion profit in the same period last year as the coronavirus pandemic resulted in the temporary closure of many of its stores here and abroad......»»

Category: financeSource:  thestandardRelated NewsMay 28th, 2020

Vista Land& rsquo;s net income rose 10% to P11.6b in 2019

Vista Land & Lifescapes Inc., the country’s largest home builder owned by the Villar Group, said Thursday net income climbed 10 percent in 2019 to P11.6 billion as its commercial leasing and residential businesses delivered strong results......»»

Category: financeSource:  thestandardRelated NewsMay 28th, 2020

Emperador& rsquo;s income rose 5% to P7b in 2019

Emperador Inc., the liquor unit of Alliance Global Group Inc., said it posted a recurring net income of P7 billion in 2019, up 5 percent from 2018 on double-digit growth in revenues......»»

Category: financeSource:  thestandardRelated NewsMay 27th, 2020

SM Investments booked profit of P9b in 1st quarter

Conglomerate SM Investments Corp. of the Sy Group said Thursday first-quarter net income stood at P9 billion, down 16 percent from the same period a year ago, reflecting the impact of the enhanced community quarantine and the COVID-19 pandemic on the company’s businesses......»»

Category: financeSource:  thestandardRelated NewsMay 21st, 2020

EastWest Bank& rsquo;s income jumped 75% to P2.3b in Q1

EastWest Banking Corp., one of the largest universal banks in the Philippines and a unit of Filinvest Development Corp., said net income in the first quarter jumped 75 percent to P2.3 billion year on year, driven by sustained strength of its core businesses......»»

Category: financeSource:  thestandardRelated NewsMay 19th, 2020

Ayala Corp.& rsquo;s profit fell 17% to P6.7b in Q1

Conglomerate Ayala Corp. said first-quarter net income declined by 17 percent in the first quarter to P6.7 billion from a year ago, as the COVID-19 health crisis affected the performance of most business units......»»

Category: financeSource:  thestandardRelated NewsMay 13th, 2020

Ayala Land& rsquo;s profit slid 41% in first quarter

Property developer Ayala Land Inc. said net income slid 41 percent in the first quarter to P4.3 billion from a year ago, reflecting the severe impact of the enhanced community quarantine across its businesses......»»

Category: financeSource:  thestandardRelated NewsMay 12th, 2020

Canned goods maker Century hikes profit by 31% to P1.4b

Century Pacific Food Inc. one of the country’s largest food companies, saw its first-quarter net income rise 31 percent to P1.4 billion year-on-year, boosted by the strong demand for canned good products amid enhanced community quarantine period......»»

Category: financeSource:  thestandardRelated NewsMay 7th, 2020

Security Bank profit rose to P2.9B in January to March

Security Bank Corp.’s net income surged to P2.9 billion in the first three months of 2020. In a disclosure on Tuesday, the listed lender said the amount was 21.84-percent higher than the P2.38 billion posted in the same period in 2019. It also said the sustained growth in its core business income and gains from […].....»»

Category: newsSource:  manilatimes_netRelated NewsApr 28th, 2020

Meralco& rsquo;s net profit dropped 54% to P2.6b in first quarter

Manila Electric Co., the biggest retailer of electricity, said Monday net income dropped 54 percent in the first quarter to P2.619 billion from P5.671 billion a year ago because of its exposure to Singapore Electricity Market, which suffered a huge decline in electricity prices......»»

Category: financeSource:  thestandardRelated NewsApr 27th, 2020