We are sorry, the requested page does not exist
Banks reap P92 billion profit in 3 months
Philippine banks turned more profitable in the first quarter, reaping almost three percent higher earnings to P92 billion due to higher net interest income. .....»»
PLDT rings in P9.8 B profit in Q1, up by 9%
PLDT, the country’s largest telco, is adjusting well to the shrinking market for broadband products and spiraling cost of goods and services as it generated earnings of almost P10 billion in the first quarter of the year......»»
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......»»
JG Summit income triples
Conglomerate JG Summit Holdings Inc. of the Gokongwei family saw a surge in its core profit in the first quarter following strong contributions of its food, real estate and air transport businesses, coupled with the gains realized from its bank merger......»»
Government, miners agree on fiscal regime proposal
Miners and government officials have reached a middle ground on the tiering of a proposed windfall profit tax for the mining industry that could pave the way for the approval of the long-awaited mining fiscal regime......»»
DMCI profit shrinks 25% to P5.6 billion in Q1
Earnings of diversified engineering conglomerate DMCI Holdings Inc. fell by a quarter in the first three months as a result of lower contributions from most of its businesses......»»
DigiPlus Q1 profit: P2.0-B (up 370%)
DigiPlus Interactive reported a Q1 net income of P2.0 billion, up 370% y/y from its Q1/23 net income of P0.4 billion......»»
AyalaLand Logistics Q1 profit: P211-M (+18%)
AyalaLand Logistics teased a Q1 net income of P211 million, up 18% y/y on what ALLHC refers to as a “solid recovery from the downturn experienced in 2023.”.....»»
Apex Mining Q1 profit: P853-M (+55%)
Apex Mining reported a Q1 net income of P853 million, up 55% y/y from its Q1/23 net income of P549 million......»»
Semirara Q1 profit: P6.5-B (down 28%)
Semirara Mining and Power posted a Q1 net income of P6.5 billion, down 27.6% y/y from its Q1/23 net income of P9.0 billion, and up 23% q/q from its Q4/23 net income of P5.3 billion......»»
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......»»
Foreign operations carry ICTSI back to growth mode
International Container Terminal Services Inc. of tycoon Enrique Razon Jr. shipped itself back to expansion mode, as profit rose by 36 percent in the first quarter of the year......»»
Robinsons Land Q1 profit: P4.1-B (+53%)
Robinsons Land [RLC 15.20 ?0.8%; 26% avgVol] [link] teased its Q1 results on Friday, revealing that its net income attributable for the quarter reached P4.07 billion, a 53% y/y increase.....»»
Traders, middlemen blamed for soaring commodity prices
The soaring prices of basic commodities in the market despite the wide gap in farmgate and retail prices are brought by as much as 200 percent profit of middlemen and traders, according to administration lawmakers......»»
AllHome FY23 profit: P797-M (down 15%)
AllHome posted a FY23 net income of P797 million, down 15% from its FY22 net income of P933 million......»»
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......»»
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......»»
Fewer ads take toll on GMA’s profitability
Broadcast giant GMA Network Inc. booked fewer advertising placements in the first quarter, causing its revenue to fall and consequently squeezing its profit......»»
Higher output lifts Atlas Mining profit
The improved production of copper and gold more than doubled the bottomline of Atlas Consolidated Mining and Development Corp. to P563 million in the first quarter......»»
Megawide returns to profit in 2023
Megawide Construction Corp. swung to profitability in 2023 on the back of strong revenues from its construction business......»»