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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

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

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

PLDT back on growth track, doubles profit to P26.61 billion

Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

DMCI Holdings posts 20% profit drop in 2023

Engineering conglomerate DMCI Holdings Inc. incurred a 20 percent drop in its profit in 2023 as business took a beating from price corrections in energy and nickel prices......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

MIAA doubles profit in 2023

The Manila International Airport Authority is ending its role as operator on a high note, doubling its profit to P4.02 billion in 2023 and raising dividends to the government by 15 times......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Market succumbs to profit-taking anew

The stock market succumbed to another round of profit-taking, slumping for the second straight session......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Wider margins, lower loan provisions boost PNB profit

Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Market tumbles below 6,800 amid profit taking

The stock market fell below the 6,800 level yesterday as investors continued to engage in profit taking following its recent rally......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  philippinetimesRelated NewsJan 21st, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

Former Starbucks exec named Smashburger CEO

The Jollibee Group has appointed a former Starbucks executive to lead its fast-casual better burger brands Smashburger......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

First Common Man Coffee to open at Ayala Triangle

Jollibee Foods Corp. has incorporated a joint venture company called FCJB Foods Inc. to bring Tiong Bahru Bakery and Common Man Coffee Roasters in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Catriona Gray removes Sam Milby engagement photos on Instagram

Social media users are asking what is happening between Miss Universe 2018 Catriona Gray and actor Sam Milby after the host-beauty queen's engagement photo was not seen on her Instagram account. .....»»

Category: entertainmentSource:  philstarRelated NewsMay 9th, 2024

NBA: Rudy Gobert named 2024 Defensive Player of the Year

Minnesota Timberwolves center Rudy Gobert won the 2024 NBA Defensive Player of the Year award on Tuesday, matching a league record by taking the honor for the fourth time. The 31-year-old Frenchman previously captured the award in 2018, 2019 and 2021 while with the Utah Jazz and this season was a key player on a.....»»

Category: newsSource:  inquirerRelated NewsMay 8th, 2024

Laughing it off

Canada’s Prime Minister Justin Trudeau admitted that he smoked marijuana even after becoming a member of parliament. In 2018 under his leadership, Canada legalized cannabis, including cultivation and recreational use, becoming the second country to do so after Uruguay......»»

Category: newsSource:  philstarRelated NewsMay 8th, 2024

PUJ driver offers free rides, snacks to passengers on his birthday

LAPU-LAPU CITY, Cebu — A jeepney driver from Balud, San Fernando, offered free rides to his passengers on Tuesday, April 30, 2024, as he celebrated his 53rd birthday. Catalino Villasan said that he has been doing this since 2018. In addition to the free rides, he also gave free burgers to his first 60 passengers......»»

Category: newsSource:  inquirerRelated NewsMay 1st, 2024