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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......»»

Category: financeSource: philstar philstarMay 9th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

DigiPlus earnings surge last year

Digital entertainment group DigiPlus Interactive Corp. reported a sharp 596-percent increase in profit to P4.1 billion in 2023 on the back of sustained growth of its digital retail segment following the introduction of new platforms......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

The biggest infra company

San Miguel Corp. president and CEO Ramon S. Ang and Metro Pacific Investments Corp. chair, president and CEO Manuel V. Pangilinan are talking to merge their respective tollways operations – SMC Tollways (under San Miguel Infrastructure Holdings) and Metro Pacific Tollways Corp. MPIC......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

MPIC likely to pass up on subway bidding

The Metro Pacific Investments Corp. plans to pass up on the opportunity to manage the Metro Manila Subway Project (MMSP), the first underground railway in the Philippines being built by the government......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

MPIC, SMC bids for MRT-3 rejected

The Department of Transportation will decline the privatization offers for the Metro Rail Transit Line 3 made by tycoons Manuel V. Pangilinan and Ramon Ang, as it eyes to get additional offers from the private sector......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Puerto Rico Declares Public Health Emergency as Dengue Cases Surge

Puerto Rico Declares Public Health Emergency as Dengue Cases Surge The Puerto Rico Secretary of Health, Carlos Mellado, has declared a public health emergency due.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 29th, 2024

PNP expresses concern over surge in minors apprehended for vaping

PNP expresses concern over surge in minors apprehended for vaping.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

Super Micro Enters S& P 500 After Stock Price Surge of Over 20-Fold in Two Years

Super Micro Computer Inc. has reached a major milestone as it joins the prestigious S&P 500 index after a remarkable surge in its stock price......»»

Category: newsSource:  thedailyguardianRelated NewsMar 2nd, 2024

Storm surge destroys 80 houses in Zambo coastal village

Storm surge destroys 80 houses in Zambo coastal village.....»»

Category: newsSource:  sunstarRelated NewsFeb 12th, 2024

GOCC dividends surge to P88.6B - The Manila Times

DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

SM conglomerate optimistic on growth prospects for 2024

Conglomerate SM Investments Corp. of the Sy family is cautiously optimistic for 2024, but remains committed to stay on growth mode after solid contributions from its core businesses and higher earnings contribution from portfolio investments, which lifted earnings by a quarter to P77 billion in 2023......»»

Category: financeSource:  philstarRelated NewsMar 1st, 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

First Gen income drops to P4.5 billion

The profit of Lopez-led power firm First Gen Corp. declined by nine percent to P4.5 billion in the first quarter from a year-ago level of P4.9 billion on the back of lower earnings from its geothermal and natural gas units......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Petron earnings grow 16 percent to P3.9 billion in Q1

The net income of Petron Corp. went up by 16 percent to P3.93 billion in the first quarter from P3.4 billion in the same quarter last year on the back of higher sales volume......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Chinabank profit jumps 18 percent to P5.9 billion

The earnings of China Banking Corp. grew by 18 percent to P5.9 billion in the first quarter from P5 billion in the same period a year ago, driven by sustained expansion of its core business......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

Shell Pilipinas profit tumbles to P1.2 billion in 2023

The earnings of Shell Pilipinas Corp. plunged by 70.7 percent to P1.2 billion in 2023 from P4.1 billion in 2022 on the back of declining global fuel prices and elevated interest rates......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

GSIS income surges to P113 billion in 2023

The earnings of state-run Government Service Insurance System jumped by 70 percent to P113.3 billion in 2023 from P66.4 billion in 2022 on the back of strong revenues from financial assets and investments......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024