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Metro Retail Earns PHP618 Million in 2023; Continues Initiatives for Growth
For the full year 2023, Metro Retail Stores Group, Inc. (MRSGI) reported an aggregate net income of PhP618.0 million vs PhP917.3 million in 2022, a slippage of 32.6%. In terms of core net income which excludes one-time gains such as accounting adjustment on leases and insurance claims in 2022, the Company’s earnings were down only […].....»»
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......»»
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......»»
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......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Jollibee Q1 profit: P2.6-B (up 27%)
Jollibee posted a Q1 net income attributable of P2.6 billion, up 27% from its Q1/23 net income attributable of P2.1 billion.....»»
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......»»
Philippine National Bank s Q1 2024 net income hits P5.3 billion
Philippine National Bank s Q1 2024 net income hits P5.3 billion.....»»
Robinsons Land clinches P4.7 billion net income in Q1 2024
Robinsons Land clinches P4.7 billion net income in Q1 2024.....»»
EastWest Bank posts P6.1 billion in net income in 2023
EastWest Bank posts P6.1 billion in net income in 2023.....»»
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 […].....»»
Vista Land FY23 profit: P10.3-B (up 39%)
Vista Land and Lifescapes posted an FY23 net income of P10.3 billion, up 39% from its FY22 net income of P7.4 billion......»»
Filinvest Development FY23 profit: P12.1-B (up 46%)
Filinvest Development, the Gotianun Family’s mid-tier conglomerate, posted an FY23 consolidated net income of P12.1 billion, up 46% from its FY22 consolidated net income of P8.3 billion......»»
CREIT FY23 profit: P1.4-B (up 12%)
Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»
CREIT FY23 profit: P1.4-B (up 12%)
Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»
Philippine Airlines FY23 profit: P21.2-B (up 105%)
Philippine Airlines reported a FY23 net income of P21.2 billion, up 105.5% from its FY22 net income of P10.4 billion......»»
Cebu Pacific FY23 profit: P7.9-B (up 156%)
Cebu Pacific, the Gokongwei Family’s budget airline, reported an FY23 net income of P7.9 billion, up 156% from its FY22 net loss of P14.0 billion......»»
Bloomberry posts FY23 profit of P9.5-B (UP 85%)
Bloomberry, the gaming arm of Enrique Razon’s diversified empire, posted a FY23 consolidated net income of P9.5 billion, up 85% over its FY22 net income of P5.1 billion......»»
SSS net income soars to all-time high of P83B in 2023
MANILA, Philippines —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»