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Truck ban caps RFM income growth

Food and beverage group RFM Corp. grew its first-semester net profit by 10 percent year on year to P427 million as sales picked up pace in the second quarter despite the adverse impact of the truck ban...

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8990 Holdings posts 20% hike in H1 profit

Leading mass housing developer 8990 Holdings posted a 20-percent year-on-year growth in six-month net profit to P1.8 billion as the company unlocked more revenues from new projects rolled out last year.

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Integrated Micro-Electronics’ first semester net profit soars to $11.3M

The Ayala-led Integrated Micro-Electronics Inc. (IMI) on Thursday reported posting a net profit of $11.3 million during the first six months of the year.

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Vista Land’s net profit rises 10% to 2.8B due to high demand for housing

The Villar-led property developer Vista Land & Lifescapes posted a 10-percent year-on-year growth in first semester net profit to P2.8 billion, citing continued robust demand for housing.

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Robinsons Land’s net profit from October to June rises by 6.4% to P3.88B

The Gokongwei-led property developer Robinsons Land Corp. posted a net profit of P3.88 billion in the nine-month period ending June, up by 6.4 percent year-on-year, led by recurring earnings from its...

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JG Summit’s net profit grew by 151% to P13B in 1st half of 2014

Gokongwei-led JG Summit Holdings Inc. jacked up its first semester net profit by 151.3 percent year-on-year to P13 billion as extraordinary items added to the growth in core earnings.

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Asia United Bank’s net profit grows by 7.6% to P879.5M in first half of 2014

The Rebisco group's banking arm Asia United Bank grew its six-month net profit by 7.6 percent year-on-year to P879.5 million on a double-digit growth in core lending and a recovery in treasury...

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Alliance Global Group’s net profit falls by 9% to P7.5B in 1st half of 2014

Tycoon Andrew Tan-led Alliance Global Group Inc. posted a P7.5 billion first-semester net profit attributable to equity holders of parent, down by around 9 percent year-on-year on slower revenues from...

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AGI posts P7.5-B net profit

Tycoon Andrew Tan-led Alliance Global Group Inc. (AGI) posted a P7.5-billion first-semester net profit attributable to equity holders of parent, down by 9 percent year-on-year on slower revenues from...

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Marcventures expects net profit to reach P1B in ’14

Nickel mining firm Marcventures Holdings Inc. expects to end this year with about P1 billion in net profit, matching last year’s level, as its Cantilan mine in Surigao del Sur rekindled operations...

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SM Investments’ 9-month net profit down by 2.1% to P18.2B

The Sy family-led conglomerate SM Investments Corp. (SMIC) saw a 2.1 percent year-on-year decline in its nine-month net profit to P18.2 billion due to slower contribution from the banking segment...

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D&L Industries’ 9-month net profit up 24% to P1.29B

Food and plastic input manufacturer D&L Industries grew its nine-month net profit by 24 percent year-on-year to P1.29 billion as its commodities business gained market share as a result of the...

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DoubleDragon profit surged in Jan. to Sept.

MANILA, Philippines–Developer DoubleDragon Properties Corp. posted a nine-month net profit of P337.8 million, about 11 times higher than year-ago level, as it unlocked more revenues from residential...

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MPIC posts 14% increase in 9-month net profit

Infrastructure holding firm Metro Pacific Investments Corp. reported a 14-percent year-on-year growth in its nine-month net profit to P6 billion on higher earnings contributed by its water, power...

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MNTC posts 6% growth in 9-month profit

Manila North Tollways Corp. (MNTC), a unit of Manuel V. Pangilinan-led Metro Pacific Investments Corp. and operator of North Luzon Expressway, said it would seek an increase in toll rates.

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FMIC net income slumps to P1.87B

Investment house First Metro Investment Corp. posted a nine-month net profit of P1.87 billion, beating its internal target although this was just about a fourth of the profit posted in the same period...

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Vista Land 9-month profit up 12% to P4.2B

Villar-led property developer Vista Land & Lifescapes Inc. grew its nine-month net profit by 12 percent year on year to P4.2 billion, backed by a double-digit expansion in revenues from core...

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2Go posts 62% jump in 9-month net profit

2Go Group Inc. posted a 62-percent jump in its net profit after tax to P634 million in the first nine months of the year from P391 million a year ago despite the blistering effect of the port...

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URC net profit goes up by 15.2% to P11.65B as of September 2014

The Gokongwei-led Universal Robina Corp. chalked up a net profit of P11.65 billion in its fiscal year ending September 2014, 15.2 percent higher year-on-year, as the company expanded the branded...

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Aircon maker posts 23% profit growth

AIRCONDITIONING, refrigerator and freezer manufacturer Concepcion Industrial Corp. grew its net profit last year by 23 percent to P628 million on the back of higher sales and margins.

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