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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......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 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

First Gen spots additional RE sites in Nueva Ecija

Lopez-led First Gen Corp. is looking at several areas near its hydroelectric power plant complex in Pantabangan, Nueva Ecija as potential sites for the development of solar and wind farms, as well as a battery energy storage system......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

First Gen to upgrade, expand Casecnan plant

Lopez-led First Gen Corp. is expanding and upgrading the Casecnan hydroelectric power plant after taking over the facility last month......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Casecnan hydro plant turned over to First Gen

Lopez-led First Gen Corp., through its subsidiary Fresh River Lakes Corp., is now officially the owner of the Casecnan Hydroelectric Power Plant in Pantabangan, Nueva Ecija......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

First Gen puts up Jollibee Group’s largest solar panel

The Jollibee Group, through its subsidiary Zenith Foods Corp., has tapped the expertise of First Gen Corp., through Pi Energy Inc., to energize one-third of the food chain’s manufacturing facility with solar-powered electricity......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

First Gen offers P1 million for climate solutions

Students from 29 universities and colleges from around the country have joined a P1-million competition launched by Lopez-led First Gen Corp. for them to develop the best and most innovative ideas and solutions to cut their schools’ carbon footprint......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

Millennials , Gen Zs new love language: 3 out of 5 are willing to pay the price for it

Millennials and Gen Zs, particularly those in the Asia Pacific region including the Philippines, have found a new love language — shared travel experiences......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

Laya by Shang Properties: A Visionary Next-Gen Living Experience in Pasig City

Laya by Shang Properties: A Visionary Next-Gen Living Experience in Pasig City.....»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

BFP: Over 3,000 fires recorded in first 2 months

More than 3,000 fires have been recorded in the first two months of the year, causing over P1.3 billion in damage, according to the Bureau of Fire Protection (BFP)......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Lending startup unveils credit card for Gen Zs

Technology startup firm Zed Philippines Inc. has launched a Mastercard Titanium credit card with zero interest, zero foreign transaction fees and no annual charges, aiming to roll out these cards to the market within the coming months......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

GMA Network profit falls to P3.2 billion in 2023

Broadcast leader GMA Network Inc. was hit with a 42 percent decline in its profit in 2023, as the company endured a P3 billion drop in revenue in the absence of election placements......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

AGI posts record P30.3 billion profit

Alliance Global Group Inc., the holding company of tycoon Andrew Tan, saw its profit rise by a fifth to reach record high levels in 2023 despite higher inflation, which pushed overall costs and expenses up during the year......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

GOCC handling Clark complex posts 33 percent profit drop in 2023

The state-run firm tasked to manage the Clark Civil Aviation Complex sustained a 33 percent cut to its profit in 2023, hurt by a combination of revenue decline and spending hike......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

FDC eyes return to pre-COVID-19 profit

Filinvest Development Corp., the listed conglomerate of the Gotianun family, is bullish on its growth prospects this year, with the company setting its sights on returning to pre-pandemic profit levels......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

PAL prospers post-pandemic, triples profit

Lucio Tan-owned Philippine Airlines tripled its profit to nearly P17 billion in 2023, lifted by its sustained dominance in the market for international travelers even with the entry of new players......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Cebu Pacific books P8 billion profit in 2023

Low-cost carrier Cebu Pacific found itself landing on solid ground in 2023, as it booked a profit of nearly P8 billion on the back of a resurgent demand for air travel......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

Ayala Corp profit hits record high in 2023

Core profit of conglomerate Ayala Corp. rose by nearly half to reach record high levels in 2023 due to the strong performances of its banking, real estate and power businesses......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

RLC posts record P12.1 billion profit in 2023

Robinsons Land Corp. raked in a record profit of P12.06 billion in 2023 as malls gained from the recovery of consumer confidence and spending......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024