Market gets ready for earnings results
The stock market is priming up for the release of fourth quarter and full-year 2023 corporate earnings starting this week after laying the groundwork for further ascent last week, traders said......»»
Eye on inflation as market returns from long holiday
Investors will keep an eye on the results of the March inflation data this week, as the stock market heads into the second quarter with renewed optimism after managing to close the first quarter on a positive note......»»
Lower table revenues pull down Bloomberry earnings
The earnings of Enrique Razon’s Bloomberry Resorts Corp. declined by 11 percent to P2.6 billion in the first quarter amid lower VIP and mass table revenue......»»
Cosco posts 2-digit jump in Q1 earnings
Robust revenues fueled a double-digit increase in the earnings of Lucio Co’s listed retail holding firm Cosco Capital Inc. in the first quarter......»»
MPIC earnings surge 30% to P5.6 billion in Q1
Core earnings of conglomerate Metro Pacific Investments Corp. soared by 30 percent to a record high of P5.6 billion in the first quarter on strong performances by its business units......»»
Lower March sales pull down Wilcon earnings in Q1
Lower sales due to the long Easter holidays falling in March this year pulled down earnings of home improvement and construction supplies retailer Wilcon Depot Inc. in the first quarter......»»
Gokongwei anchor firms RLC, URC post strong Q1 earnings
The property development arm and the food and beverage unit of the Gokongwei Group posted robust earnings in the first quarter as sales improved across all their business divisions......»»
GOCCs’ dividend remittance bumped up to 75 percent of earnings
The Department of Finance has increased the dividends to be collected from state-run firms to up to 75 percent of their earnings as the government looks for more revenues for the country’s development needs......»»
Pagcor earnings hit P25 billion in Q1
The earnings of state-run Philippine Amusement and Gaming Corp. (PAGCOR) soared by 43 percent to P25.2 billion in the first quarter, driven by the electronic games sector......»»
Robinsons Retail posts higher earnings in Q1
Higher sales from new stores and sustained demand in the food retail and drugstores segments boosted earnings of Gokongwei-owned Robinsons Retail Holdings Inc. in the first quarter......»»
BDU Unibank Inc. 2024 1st quarter earnings at P18.5B, up by 12%
BDU Unibank Inc. 2024 1st quarter earnings at P18.5B, up by 12%.....»»
Fruitas earnings soar in 2023
Listed food and beverage retail operator Fruitas Holdings Inc. saw its earnings soar in 2023 on the back of all-time high annual revenues......»»
Power, real estate fuel FPH earnings in 2023
Strong contributions from power generation and real estate segments fueled a nearly 20-percent jump in the earnings of First Philippine Holdings Corp. in 2023......»»
Groupwide improvements boost FDC earnings by 58%
Filinvest Development Corp. the listed conglomerate of the Gotianun family, saw its earnings rise by more than half last year on the back of a double-digit improvement across all business segments......»»
D& L sees earnings recovery this year
D&L Industries Inc. expects a recovery in profitability this year after earnings in 2023 fell due to higher interest and depreciation expenses associated with the Batangas plant coupled with the lingering effects of high inflation......»»
Petron reports 51 percent jump in 2023 earnings
The earnings of Petron Corp. jumped by 51 percent to P10.1 billion in 2023 from P6.7 billion in 2022, fueled by its wide presence and effective volume-generations strategies in the Philippines and Malaysia......»»
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......»»
BSP boss shines spotlight on insider trading
As reported by the BusinessMirror, BSP Governor Eli Remolona gave a speech at the Manila Polo Club to a meeting of Rotary Club members where he noted the problem of insider trading, citing the specific example of how “nothing moves” when listed companies report overwhelmingly positive earnings because those trades were placed ahead of the announced earnings......»»
Xinhua world economic news summary at 0900 GMT, Jan. 31
TOKYO -- Tokyo stocks closed higher on Wednesday, as investors took an optimistic attitude for the domestic earnings season over positive results reported by Japanese firms. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average ended up 220.85 points, or 0.61 percent, from Tuesday to close the day at 36,286.71. The broader Topix index, meanwhile, finished 24.17 points, or 0.96 percent,.....»»
Asian qualifying results for 2026 FIFA World Cup
BEIJING, March 22 (Xinhua) -- Following are Thursday's results in Asian qualifying for the 2026 FIFA World Cup in the United States, Canada and Mexico: Group A At Doha Qatar bt Kuwait 3-0 At Abha, Saudi Arabia Afghanistan tied India 0-0 Group B At Tokyo Japan bt DPR Korea 1-0 At Yangon Myanmar tied Syria 1-1 Group C At Seoul South Korea tied T.....»»
F& B firms post strong earnings in January-March
Food and beverage firms led by Ramon Ang and the Po family recorded strong first quarter results on the back of higher sales for the period......»»