ICT FY23 net income down 17% to US $511-M
International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»
Robinsons Retail FY23 profit down 27.7% to P4.65-B
Robinsons Retail released guidance on its FY23 full-year results that showed a 27.7% drop in net income to P4.65 billion (from P6.44 billion)......»»
Vivant FY23 profit: P2.3-B (up 43%)
Vivant Corporation [VVT 14.32 unch; 0% avgVol] [link] teased an FY23 net income of P2.3 billion, up 43%, boosted by the recognition of P366 million in a one-time, non-core “management and technical contract”......»»
JG Summit FY23 profit: P19.6-B (up 216%)
JG Summit, the Gokongwei Family’s diversified conglomerate, teased its FY23 financial results headlined by a 216% increase in the company’s net income to P19.6 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%)......»»
AllHome FY23 profit: P797-M (down 15%)
AllHome posted a FY23 net income of P797 million, down 15% from its FY22 net income of P933 million......»»
DMCI Holdings net income down 20% to P24.9B as revenue drops
DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»
DOF drops income tax hike for dividend income
The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»
Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion
Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»
Metro Retail Earns PHP618 Million in 2023; Continues Initiatives for Growth
For the full year 2023, Metro Retail Stores Group, Inc. (MRSGI) reported an aggregate net income of PhP618.0 million vs PhP917.3 million in 2022, a slippage of 32.6%. In terms of core net income which excludes one-time gains such as accounting adjustment on leases and insurance claims in 2022, the Company’s earnings were down only […].....»»
Institutionalize space allocation for ICT infrastructure in development projects – think tank
Legislators should adopt a no-lease policy in a pending legislation requiring real estate developers to allocate space for information and communication technology (ICT) infrastructure in all existing and new development projects, according to international think tank Stratbase Institute......»»
Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets
Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets.....»»
Apex Mining Q1 profit: P853-M (+55%)
Apex Mining reported a Q1 net income of P853 million, up 55% y/y from its Q1/23 net income of P549 million......»»
Philippine National Bank s Q1 2024 net income hits P5.3 billion
Philippine National Bank s Q1 2024 net income hits P5.3 billion.....»»
Robinsons Land clinches P4.7 billion net income in Q1 2024
Robinsons Land clinches P4.7 billion net income in Q1 2024.....»»
EastWest Bank posts P6.1 billion in net income in 2023
EastWest Bank posts P6.1 billion in net income in 2023.....»»
AGI logs P30B net income
AGI logs P30B net income.....»»
Cebu-based Metro retail posts P618 million net income in 2023
Cebu-based Metro retail posts P618 million net income in 2023.....»»
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......»»
Shakey s net income at P1.08B
Shakey s net income at P1.08B.....»»
SSI logs P2.58B net income
SSI logs P2.58B net income.....»»