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Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)
Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»
Semirara FY23 net income down 30% to P27.9-B
Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»
Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q
Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»
TYKFI-ABI medical scholars return from overseas training
Five scholars of the Tan Yan Kee Foundation Inc. have returned to serve the country after taking special advanced studies in various medical fields in different institutions overseas last year, according to Dr. Lucio C. Tan, chairman and president of TYKFI......»»
LT Group income slightly up in 2023
Earnings of tycoon Lucio Tan’s LT Group Inc. saw a slight improvement last year as higher contributions from its banking, liquor and property units offset the slowdown in the tobacco business......»»
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......»»
Beautéderm Headquarter ni Rhea Tan isang taon na; ambassadors kasamang nag-celebrate
MATAGUMPAY ang ginawang Chinese New Year (CNY) party ng negosyanteng si Rhea Tan kasama ang celebrities na sina Sam Milby, Carlo Aquino, Sylvia Sanchez, Anne Feo, Alma Concepcion, Ynez Veneracion, Jhaiho, KimSon, Gillian Vicencio, Sunshine Garcia, DJ Chacha, Patricial Tumulak, at Menggay Vlog sa Beautéderm Headquarters sa Angeles City. Kasabay ng CNY celebration, nagbigay din ng tips for success si Tan ….....»»
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% […].....»»
How does LTG derive income from PNB when PNB hasn’t declared dividends?
I’m not an accountant, this is a massive generalization, and there are a lot of edge cases, but the answer is that the financial statements of subsidiary companies are consolidated at the parent company level......»»
GSIS, PNB allot P1.2 billion for affordable housing
State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»
Action and performance
Lucio “Han” Tan III is truly an “action speaks louder than words” man, letting the financial performance of the various key businesses of the LT Group prove his managerial skills instead of him personally hogging the news and perhaps overshadowing his slew of new professional lieutenants who are helping him run the various companies under the group......»»
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......»»
PAL revives stake sale to investors
Taipan Lucio Tan has revived plans to sell a significant stake in Philippine Airlines (PAL) to a strategic investor who could help the flag carrier soar to even greater heights, industry sources said......»»
FACT CHECK: Did this vlog correctly state BBM’s net worth?
The Youtube channel Okay Dito posted a video on President Ferdinand ‘Bongbong’ Marcos Jr’s net worth and properties. The video said Marcos Jr’s net worth is P437-million based on news reports, and owns assets including cash deposits, vehicles, jewelries and investments in condominiums......»»
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 […].....»»
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.....»»