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Manila port congestion snags RFM profit growth
FOOD conglomerate RFM Corp. grew its net profit last year by 10 percent to P863 million, riding on buoyant domestic consumption.
View ArticleAlphaland reports net profit of P4.94B in 2014
MANILA, Philippines–Upscale property developer Alphaland Corp. posted a net profit of P4.94 billion in 2014, boosting the company’s net equity value in the aftermath of its break-up with British fund...
View ArticleChina Bank net profit reached P5.11B in 2014
MANILA, Philippines–China Banking Corp. of the Sy family chalked up a net profit of P5.11 billion in 2014, matching the previous year’s level, as growth in core businesses made up for the decline in...
View ArticleAyala income surged in ’14 by 46% to P19B
MANILA, Philippines–Conglomerate Ayala Corp. grew its net profit last year by 46 percent to P18.6 billion on robust earnings from its real estate, telecommunications and electronics manufacturing units...
View ArticleSun Life profit grew to P4.3B in 2014
MANILA, Philippines–Sun Life of Canada (Philippines) chalked up a net profit of P4.3 billion in 2014, more than double the level in the previous year, and generated the highest premium income in the...
View ArticleCosco Capital 2014 profit hit record P4.01B, up 20%
MANILA, Philippines–Holding firm Cosco Capital Inc. of retailer Lucio Co grew its net profit last year by 20 percent to a record-high P4.01 billion, mostly driven by the retailing businesses under the...
View ArticlePurefoods posts lower 2014 income
MANILA, Philippines–Leading food manufacturer San Miguel Purefoods Co. Inc. posted a lower net profit last year compared to 2013, when earnings were boosted by extraordinary gains from the sale of...
View ArticleLT Group 2014 profit down by nearly 50% to P4.2B
MANILA, Philippines–Tycoon Lucio Tan-led conglomerate LT Group Inc. posted a net profit of P4.2 billion last year, about half the level registered in the previous year, as cutthroat competition gnawed...
View Article2GO 2014 profit soars by 271% to P843M
MANILA, Philippines–2GO Group Inc.’s net profit after tax jumped by 271 percent to P843 million in 2014 from P227 million in the same period the previous year. This was attributed largely to the...
View ArticleLoan growth boosts RCBC Jan.-March results
MANILA, Philippines–Yuchengco-led Rizal Commercial Banking Corp. grew its first-quarter net profit year-on-year by 20.59 percent to P1.6 billion, citing the strong momentum of its lending business....
View ArticleDigital shift caps PLDT’s Q1 earnings
MANILA, Philippines–Telecom giant Philippine Long Distance Telephone Co. posted P9.4 billion in net profit in the first three months, flat from the same period last year, as digital solutions gnawed...
View ArticleCentury Pacific saw 37% rise in Q1 net profit
MANILA, Philippines–Leading local canned food manufacturer Century Pacific Food Inc. grew its first-quarter net profit by 37 percent year-on-year to P438 million on robust demand for its food products....
View ArticleSecurity Bank Q1 earnings sharply higher
Security Bank Corp. posted a 135-percent year-on-year jump in first quarter net profit to P3.36 billion on the back of trading gains and stable interest earnings.
View ArticleD&L sees net profit rise of 16%
Food and plastics input manufacturer D&L Industries grew its first quarter net profit by 16 percent year-on-year to P512 million as revenue was helped up by volume growth in food ingredients and...
View ArticleSMC net income rose by 8% in Q1 to P2.3B
CONGLOMERATE San Miguel Corp. chalked up P2.3 billion in net profit attributable to equity holders of parent in the first quarter, about 8 percent higher year-on-year, despite inventory losses incurred...
View ArticleEton Q1 net profit up 77%
ETON Properties Philippines Inc., the real estate arm of the Lucio Tan group, posted a 77-percent year-on-year rise in first quarter net profit on the back of higher rental income from its commercial...
View ArticleSecurity Bank net profit up 29% in first 6 months
Security Bank grew its first-semester net profit by 29 percent year-on-year to P4.66 billion as extraordinary trading gains added to stable earnings from core businesses. The post Security Bank net...
View ArticleFacebook profit dips as expenses bite into revenue
Facebook reported a dip in its quarterly profit Wednesday but said revenues surged on mobile advertising gains, as its user base neared 1.5 billion. The post Facebook profit dips as expenses bite into...
View ArticleSMIC net income up 10%
LEADING local conglomerate SM Investments Corp. grew its net profit in the first semester by 10 percent year-on-year to P13.5 billion on higher earnings across its core property, banking and retailing...
View ArticleCentury Pacific H1 profit jumps by 30% to P935M
LEADING canned food producer Century Pacific Food Inc. (CNPF) grew its first semester net profit by 30 percent year-on-year to P935 million on strong volume growth across its branded and private label...
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