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Banks reap P92 billion profit in 3 months
Philippine banks turned more profitable in the first quarter, reaping almost three percent higher earnings to P92 billion due to higher net interest income. .....»»
DigiPlus Q1 profit: P2.0-B (up 370%)
DigiPlus Interactive reported a Q1 net income of P2.0 billion, up 370% y/y from its Q1/23 net income of P0.4 billion......»»
Alliance Global Posts Record-Breaking P30-B Net Income in 2023
Alliance Global Group, Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, achieved a record-breaking net income of P30.3 billion, up 20% year-on-year despite higher inflation, which pushed overall costs and expenses up during the period. Attributable net profit stood at a new high of P19.6 billion, reflecting a 21% increase from the […].....»»
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......»»
SSS targets 20% profit hike to P100 billion
State-run pension fund Social Security System is expecting at least a 20-percent hike in its bottomline to breach the P100-billion mark this year on increased investment returns and enhanced collection efforts......»»
Filinvest Development FY23 profit: P12.1-B (up 46%)
Filinvest Development, the Gotianun Family’s mid-tier conglomerate, posted an FY23 consolidated net income of P12.1 billion, up 46% from its FY22 consolidated net income of P8.3 billion......»»
CREIT FY23 profit: P1.4-B (up 12%)
Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»
CREIT FY23 profit: P1.4-B (up 12%)
Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»
Philippine Airlines FY23 profit: P21.2-B (up 105%)
Philippine Airlines reported a FY23 net income of P21.2 billion, up 105.5% from its FY22 net income of P10.4 billion......»»
Cebu Pacific FY23 profit: P7.9-B (up 156%)
Cebu Pacific, the Gokongwei Family’s budget airline, reported an FY23 net income of P7.9 billion, up 156% from its FY22 net loss of P14.0 billion......»»
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%)......»»
SMC’s F& B unit nets record P38 billion in 2023
The food and beverage unit of San Miguel Corp. reached new heights in 2023 as it raked in an all-time high profit of P38.1 billion, with all segments clocking in growth......»»
Phinma earnings rise to P1.63 billion on higher enrolment
Diversified investor Phinma Corp. registered its best enlistment year in its education segment in 2023, helping it drive up profit to P1.63 billion with the help of expansion in other industries......»»
Bloomberry posts FY23 profit of P9.5-B (UP 85%)
Bloomberry, the gaming arm of Enrique Razon’s diversified empire, posted a FY23 consolidated net income of P9.5 billion, up 85% over its FY22 net income of P5.1 billion......»»
BDO profit hits record P73.4 billion in 2023
BDO Unibank Inc. grew its earnings by 28.5 percent to hit an all-time high of P73.41 billion in 2023, driven by strong growth across its core businesses......»»
AUB profit hits record high in 2023
Rebisco-led Asia United Bank and its subsidiaries boosted earnings by 32 percent to a record high of P8.3 billion in 2023, from P6.3 billion in 2022......»»
Pagcor profit soars to P6.82 billion in 2023
Earnings of state-run Philippine Amusement and Gaming Corp. surged by more than 50 percent to nearly P7 billion last year as the gambling sector bounced back and exceeded pre-COVID levels......»»
Alliance Global injects P2.6-B into Megaworld
Megaworld clarified the recent subscription of its parent company, Alliance Global, to 1.375 billion common shares at P1.90/share to say that it is part of a plan to increase MEG’s outstanding authorized capital stock by P5.5 billion (from P40.2 billion to P45.7 billion)......»»
Approved foreign investments into Philippines fall 63.6 pct in Q1
MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»
Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»