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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......»»
Ayala Land to double profit by 2028
Ayala Land Inc., the listed property unit of the Ayala Group, aims to double its net income by 2028 or in five years, a ranking official said yesterday......»»
Metrobank profit rises by 14 percent to P12 billion in Q1
Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»
Roxas Holdings’ net loss triples to P2.2 billion
The net loss of sugar and ethanol producer Roxas Holdings Inc. more than tripled in its fiscal year 2023 as the group reeled from the closure of its milling operations......»»
GSIS income rises to P37 billion in January-March
The Government Service Insurance System saw its net income jump by 20 percent to hit P37 billion during the first quarter on the back of strong revenues from financial assets and investments......»»
Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit
Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit.....»»
Cebu Pacific profit soars
Low-cost carrier Cebu Pacific reached a cruising altitude in the first quarter of the year, doubling its profit to more than P2 billion due to the holiday boom for air travel......»»
SM Prime builds up profit to P10.5 billion
Sy-led integrated property developer SM Prime Holdings Inc. booked higher profit in the first quarter on the back of robust revenues, particularly from its malls......»»
PAL profit tumbles on price pressures
Flag carrier Philippine Airlines felt the shock of ballooning prices of fuel and services in the first quarter of the year, suffering a 13- percent drop in profit due to higher spending......»»
LBC back to profit on cost cutting
Logistics courier LBC Express Holdings Inc. booked a profit of nearly P200 million in 2023, as it slashed business costs to offset the decrease in revenue......»»
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......»»
AGI posts record P30.3 billion profit
Alliance Global Group Inc., the holding company of tycoon Andrew Tan, saw its profit rise by a fifth to reach record high levels in 2023 despite higher inflation, which pushed overall costs and expenses up during the year......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»