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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

Filipinos are Good at Being 'Resilient': Lifting the Philippines out of Poverty with Sam Tamayo s non-profit Project SMILE

Sabrina (Sam) Tamayo founded her non-profit, Project SMILE, in the Philippines in 2018. Her organization helps people of various ages and professions rise out of poverty and follows an inspiring mantra of starting small and building a reliable impact. In this interview she discusses human rights, the UN's Sustainable Development Goals, and various aspects of life in the Philippines......»»

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

Online booking fare slightly higher: Dcott

DURING the AFP-PNP-ISpeak press conference on Wednesday morning, March 20, 2024, at the Royal Mandaya Hotel, Aisa Usop, the manager of Davao City Overland Transport Terminal (Dcott), said that the fare for online booking is slightly higher than traditional fares, prompting inquiries from passengers......»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Banks expect higher consumer, corporate loan demand in Q1

Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Higher shipping costs loom as Red Sea route suspended

The suspension of Red Sea routes by major shipping lines because of the continued attacks of Iran-backed Houthi rebels in Yemen is expected to result in higher shipping rates and delay the trade of goods which may affect exporters from ecozones, the Philippine Economic Zone Authority said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Bohol: Shabu worth P172.7M seized in 14 months

MANDAUE CITY, Cebu – Various operations made in the province of Bohol in 2023 and from January 1 to March 6, 2024 led to the confiscation of shabu worth at least P172.7 million. Police Lt. Col. Joseph Berondo, chief of operations of the Bohol Police Provincial Office (BPPO), said on Thursday, March 7, that they.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

P7.2-M worth of shabu seized in two Mindanao police operations

Policemen confiscated P7.2 million worth of shabu from three dealers, one of them a government employee and the other a suspected member of a local terrorist group, in entrapment operations in Butuan City in Region 13 and in Lanao del Sur in the Bangsamoro region on Monday......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

150 Vietnamese barred from Philippines in March – BI

At least 150 Vietnamese have been excluded from the Philippines for allegedly working in illegal online gaming hubs, the Bureau of Immigration reported yesterday......»»

Category: newsSource:  philstarRelated NewsApr 9th, 2024

PBCom profit drops 8.4 percent in 3 months

Philippine Bank of Communications posted a net income of P496 million in the first quarter of the year, down by 8.4 percent from a year ago due to higher operating expenses......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Business units power up AEV profit to P4.9 billion in Q1

Conglomerate Aboitiz Equity Ventures Inc. (AEV) registered strong profitability in the first quarter, driven by higher contributions from its business units......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Philippine Bank of Communications profit climbs 16.3 percent to P1.9 billion in 2023

Lucio Co’s Philippine Bank of Communications (PBCom) grew its income by 16.3 percent to P1.9 billion in 2023 from P1.6 billion a year earlier, mainly due to higher operating income from better trading performance......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

Alliance Global Posts Record-Breaking P30-B Net Income in 2023

Alliance Global Group, Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, achieved a record-breaking net income of P30.3 billion, up 20% year-on-year despite higher inflation, which pushed overall costs and expenses up during the period. Attributable net profit stood at a new high of P19.6 billion, reflecting a 21% increase from the […].....»»

Category: newsSource:  metrocebuRelated NewsApr 18th, 2024

Apex Mining profit grows 2% to P3.4 billion

Razon-led Apex Mining Co. Inc. grew its net income by two percent to P3.41 billion in 2023 from P3.34 billion in 2022 on the back of higher revenue brought about by better metal prices......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Shakey‘s delivers higher profit last year

Shakey’s Pizza Asia Ventures Inc. was on a roll in 2023, ending the year with strong profitability amid inflationary pressures......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

Security Bank expects higher profit in 2024

Security Bank Corp. is expecting better profitability this year amid a double-digit growth in its lending business, the bank’s investments in technology as well as its plans to put up more branches......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

COL Financial FY23 profit: P426-M (up 76%)

COL Financial reported FY23 net income of P426 million, up 76%, on higher revenues and lower operating expenses......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2024

Upson income drops despite record revenue

Listed IT products retailer Upson International Corp. posted record high revenue in 2023 but lower gross margin and higher expenses dragged down profit for the year......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Phinma earnings rise to P1.63 billion on higher enrolment

Diversified investor Phinma Corp. registered its best enlistment year in its education segment in 2023, helping it drive up profit to P1.63 billion with the help of expansion in other industries......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Tax break for 2-wheeled EVs gains ground in Congress

Giving tax breaks for two-wheeled electric vehicles is getting more support from Congress, as a bill aiming for their inclusion in the list of vehicles benefiting from tariff reduction has been filed in the House of Representatives......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024