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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 […].....»»

Source: Metrocebu MetrocebuCategory: NewsApr 18th, 2024Related News

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......»»

Source: Philstar PhilstarCategory: FinanceApr 18th, 2024Related News

No end in sight for ABS-CBN’s woes

Media giant ABS-CBN Corp. suffered a setback in its efforts to become profitable again, tripling its net loss to nearly P10 billion last year due to the impairment of some of its legacy assets......»»

Source: Philstar PhilstarCategory: FinanceApr 18th, 2024Related News

Metro Retail net income down in 2023

Earnings of Metro Retail Stores Group Inc., the listed retail company of the Gaisano Group, fell by a third last year on flat sales......»»

Source: Philstar PhilstarCategory: FinanceApr 18th, 2024Related News

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......»»

Source: Philstar PhilstarCategory: FinanceApr 18th, 2024Related News

Shakey s net income at P1.08B

Shakey s net income at P1.08B.....»»

Source: Sunstar SunstarCategory: NewsApr 17th, 2024Related News

SSI logs P2.58B net income

SSI logs P2.58B net income.....»»

Source: Sunstar SunstarCategory: NewsApr 17th, 2024Related News

Vista Land ends 2023 with strong earnings

Vista Land & Lifescapes Inc., the listed property developer of the Villar Group, capped off 2023 on a high note with a 39-percent increase in net income at P10.3 billion......»»

Source: Philstar PhilstarCategory: FinanceApr 16th, 2024Related News

VMC net income tumbles on low sugar prices

Low sugar prices and output dragged the earnings of listed sugar miller Victorias Milling Co. Inc. by more than a third in the first half of its current crop year......»»

Source: Philstar PhilstarCategory: FinanceApr 16th, 2024Related News

PBB nets P1.82 billion in 2023

Philippine Business Bank posted a net income of P1.82 billion in 2023, up 39.1 percent or P513 million from the P1.31 billion recorded in 2022, the bank said in a disclosure to the Philippine Stock Exchange......»»

Source: Philstar PhilstarCategory: FinanceApr 16th, 2024Related News

China Bank Savings profit hits record high in 2023

The thrift banking arm of Sy-led China Banking Corp. booked a record high net income of P1.85 billion in 2023 amid the continued expansion in customer base and loans......»»

Source: Philstar PhilstarCategory: NewsApr 15th, 2024Related News

CTS Global FY23 profit: P23-M (down 56%)

CTS Global posted a FY23 net income of P23 million, down 56% from the P52 million it reported in FY22......»»

Source: Philstar PhilstarCategory: FinanceApr 15th, 2024Related News

China claims sovereignty over Pagasa Island; accuses PH of encroachment

MANILA, Philippines — China asserted its sovereign rights over Pagasa Island on Thursday, accusing the Philippines, in return, of “illegally occupying” the area. “This is our waters. I have no other [information] for you,” Chinese embassy told INQUIRER.net in a Viber message when it was asked about the reported presence of its vessels near Philippine-governed.....»»

Source: Inquirer InquirerCategory: NewsApr 13th, 2024Related News

Philippines FDI net inflows grow by 89.9 pct in January

MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»

Source: Manilanews ManilanewsCategory: NewsApr 13th, 2024Related News

Balai ni Fruitas logs P59 million in net income in 2023

Balai ni Fruitas logs P59 million in net income in 2023.....»»

Source: Sunstar SunstarCategory: NewsApr 12th, 2024Related News

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......»»

Source: Philstar PhilstarCategory: FinanceApr 12th, 2024Related News

The faces of the 'SAF44

THE LEGACIES of the 44 brave men who died on Jan. 25 in Mamasapano, Maguindanao province, go beyond the camouflage they wore, the black berets they earned and the medals they merited as members of the Philippine National Police Special Action Force. INQUIRER.net remembers each of the #SAF44 through short profiles on their lives not only.....»»

Source: Inquirer InquirerCategory: NewsApr 10th, 2024Related News

CNPF net income up by 12 percent in 2023

Century Pacific Food Inc., the Po family’s listed food and beverage firm, overcame headwinds from inflationary environment last year to finish with a double-digit profit growth, driven by a strong performance of its branded business......»»

Source: Philstar PhilstarCategory: FinanceApr 10th, 2024Related News

FACT CHECK: Marcos’ last will had no plans to distribute wealth for the people

A video on Okay Dito’s YouTube channel claimed that former President Ferdinand E. Marcos’ last will detailed his intention to use his net worth for programs and initiatives that would benefit the Filipino people......»»

Source: Davaotoday DavaotodayCategory: NewsApr 9th, 2024Related News

FACT CHECK: Did this vlog correctly state BBM’s net worth?

The Youtube channel Okay Dito posted a video on President Ferdinand ‘Bongbong’ Marcos Jr’s net worth and properties. The video said Marcos Jr’s net worth is P437-million based on news reports, and owns assets including cash deposits, vehicles, jewelries and investments in condominiums......»»

Source: Davaotoday DavaotodayCategory: NewsApr 9th, 2024Related News