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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: philstar philstarMar 26th, 2024

GT Capital posts record high core earnings in 2023

GT Capital Holdings Inc., the listed conglomerate of the Ty Group finished 2023 with all-time high core earnings, buoyed by record-setting financial results from core businesses......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 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

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

Robinsons Retail core earnings slightly up in 2023

Core earnings of Gokongwei-owned Robinsons Retail Holdings Inc. increased by 0.6 percent to P5.59 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Cebu City’s inflation rate soars to 4.5% in January

Cebu City’s inflation rate soars to 4.5% in January.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

Manila Water core income up 3-fourths to P9.6 billion

said its core income in 2023 expanded by three-fourths year-on-year to P9.6 billion on the back of higher consumer demand driven by better economic conditions......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Romualdez: Trilateral summit pagkilala sa foreign policy ni Marcos

Nanindigan si Speaker Ferdinand Martin Romualdez na ang trilateral summit ng Estados Unidos, Japan at Pilipinas ay isang pagkilala sa pamumuno at foreign policy ni Pangulong Bongbong Marcos. The post Romualdez: Trilateral summit pagkilala sa foreign policy ni Marcos first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 11th, 2024

‘Pinas malaki pakinabang sa trilateral summit – Romualdez

Kumpiyansa si Speaker Ferdinand Martin Romualdez na malaki ang magiging pakinabang ng Pilipinas sa summit nina US President Joe Biden, Japan Prime Minister Fumio Kishida at Pangulong Bongbong Marcos sa White House. The post ‘Pinas malaki pakinabang sa trilateral summit – Romualdez first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 11th, 2024

Biden to host trilateral summit with Japan, Philippines on April 11

Washington, DC [US], March 19 (ANI): US President Joe Biden will host a three-way summit with Japanese Prime Minister Fumio Kishida and Philippine President Ferdinand Marcos in Washington on April 11, as announced by the White House, as reported by Kyodo News. This historic summit, the first of its kind involving the United States, Japan, and the Philippines, aims to bolster defence cooperation in response to China's asse.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024

Apple Developing Strategy to Address EU Core Technology Fee Impact on Apps Going Viral

Apple recently made headlines with the announcement of a 0.50 euro Core Technology Fee that apps distributed using the new EU App Store business terms.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 19th, 2024

SSS net income soars to all-time high of P83B in 2023

MANILA,  Philippines  —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target  of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»

Category: newsSource:  inquirerRelated NewsFeb 25th, 2024

Lower output cuts Philex profit

Pangilinan-led Philex Mining Corp. saw its 2023 core net income decline to P963 million year-on-year due to lower output and elevated operating costs and expenses......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Meralco powers up profit by 37 percent in 2023

Manila Electric Co., the country’s biggest power utility, said its core earnings went up by 37 percent to P37.1 billion last year, powered by contributions from its power generation and retail electricity businesses, as well as the continued increase in energy sold by its distribution utility business......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 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

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

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

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