Vivant earnings drop by 15% to P1.6 billion in 2022

Cebu-based Vivant Corp. reported a 15-percent drop in consolidated and core earnings in 2022, pulled down by the company’s on-grid diesel generation and electricity distribution businesses......»»

Category: financeSource: philstar philstarMar 19th, 2023

DMW income up 3% in 2022

D.M. Wenceslao and Associates Inc. (DMW) reported a net income of P2.1 billion for 2022, up three percent on fresh earnings from the expansion of projects......»»

Category: financeSource:  philstarRelated NewsMar 17th, 2023

PNB income drops to P11.6 billion in 2022

Earnings of Lucio Tan’s Philippine National Bank fell by 63.4 percent to P11.58 billion last year from P31.69 billion in 2021 due to a one-off gain booked as a result of a property swap with a subsidiary......»»

Category: financeSource:  philstarRelated NewsMar 16th, 2023

MPIC core earnings up by 4% to P14 billion in 2022

Metro Pacific Investments Corp., an infrastructure conglomerate chaired by tycoon Manuel V. Pangilinan, reported a core net income of P14.2 billion last year, up 15 percent from a year earlier......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2023

SMIC earnings up 53% in 2022

SM Investments Corp., the Sy-led conglomerate, recorded a net income of P61.7 billion last year, up 53 percent as all its business units performed strongly......»»

Category: financeSource:  philstarRelated NewsFeb 28th, 2023

DBP earnings surge to P5.6 billion last year

The full reopening of the economy that intensified lending activities fueled the bottomline of state-run Development Bank of the Philippines in 2022, with its profit jumping by 50 percent to P5.61 billion......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2023

Metrobank profit soars to record P32.8 billion in 2022

Earnings of Metropolitan Bank & Trust Co. (Metrobank) jumped by 47.9 percent to an all-time high of P32.77 billion last year, from P22.15 billion in 2021, as the Philippine economy further reopened with the lifting of strict COVID-19 quarantine and lockdown protocols......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2023

SM Prime earnings up 38% in 2022

SM Prime Holdings Inc., the Sy-led property developer, posted a net income of P30.1 billion last year, up 38 percent......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2023

Brad Pitt, Taylor Swift among highest paid entertainers of 2022 — Forbes

The combined earnings of the Top 10 highest paid entertainers of 2022 amounted to $1.35 billion (P74.6 billion), which is only half as much as the earnings of last year's top earners......»»

Category: entertainmentSource:  philstarRelated NewsFeb 17th, 2023

Philippines banks book record profit in 2022

Philippine banks bolstered their earnings by 37.5 percent to hit an all-time high of P309 billion last year, from P224.75 billion a year earlier, on the back of higher interest income amid the aggressive rate hikes by the Bangko Sentral ng Pilipinas and higher trading gains......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2023

Globe net income up 46% to P34.6 billion in 2022

Globe Telecom Inc.’s net earnings rose by nearly half last year, driven by one-time net gains from partial sale of its data center business and the sale and leaseback of its tower assets......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2023

Landbank earnings breach P30 billion in 2022

State-run Land Bank of the Philippines surpassed its net income target last year as earnings  jumped by 38.2 percent to P30.1 billion, from P21.7 billion in 2021......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2023

Pagcor profit soars to P4.45 billion in 2022

Earnings of state-run Philippine Amusement and Gaming Corp. soared last year amid the continued reopening of the economy that led to better performance of various sectors......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2023

UnionBank earnings steady at P12.7 billion in 2022

The earnings of Union Bank of the Philippines remained almost unchanged at P12.7 billion last year, as revenues grew by 16 percent to hit a record high of P52.2 billion from P45.1 billion in 2021......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2023

PNB selling more properties

Lucio Tan-owned Philippine National Bank is disposing more properties to raise about P1.6 billion as its earnings continued to drop sharply after a poor third quarter performance......»»

Category: financeSource:  philstarRelated NewsNov 20th, 2022

BPI s Q3 earnings expand on better revenues, bigger customer base

The bank’s net income in the first nine months of 2022 amounted to P30.5 billion due in part to lower provisions......»»

Category: newsSource:  philstarRelated NewsOct 20th, 2022

Ayala Corp. earnings down to P11.4 billion

Ayala Corp. earnings down to P11.4 billion Iris Gonzales (The Philippine Star) – November 13, 2020 – 12:00am MANILA, Philippines — Ayala Corp. reported a net income of P11.4 billion in the first nine months of the year, down 75 percent from the previous year. The country’s oldest conglomerate said the profit drop was due […].....»»

Category: newsSource:  balitaRelated NewsNov 13th, 2020

Semirara income down 64% to P3 billion

Semirara Mining and Power Corp. registered a 64 percent drop in its net earnings in the nine months to September due to lower prices and demand for coal and electricity......»»

Category: financeSource:  philstarRelated NewsOct 30th, 2020

BSP Income Drops to 54%

A big income plunge happened to the Bangko Sentral ng Pilipinas (BSP) as their earnings dropped to P13.71 billion in this year’s first semester compared to P29.88 billion in the same period last year. The plunge is recorded at 54%. A 28 percent drop to P46.91 billion from January to June 21 has been recorded […].....»»

Category: sportsSource:  abscbnRelated NewsSep 22nd, 2020

AUB earnings down to P2.3 billion in H1

Rebisco-led Asia United Bank Corp. recorded a double-digit drop in earnings in the first half after raising its provisioning for bad loans almost five times amid the global pandemic......»»

Category: financeSource:  philstarRelated NewsAug 12th, 2020

PLDT posts mixed earnings haul in 2022

Publicly-listed PLDT Inc’.s earnings performance in 2022 was a mixed bag as the telco’s segments posted rosy figures while its bottom line retreated......»»

Category: financeSource:  philstarRelated News16 hr. 17 min. ago