DMCI ended ’17 with profit 16% up
Consunji-led engineering conglomerate DMCI Holdings grew its net profit last year by 16 percent to P14.8 billion on higher earnings from its coal energy, real estate, construction and nickel mining...
View ArticleSMC profit jumps 11%
Conglomerate San Miguel Corp. grew its recurring net profit by 11 percent to P54.7 billion last year on the back of strong earnings from its oil unit and robust traditional food and beverage...
View ArticleCLI profit jumps 66%
Property developer Cebu Landmasters Inc. (CLI) grew its net profit last year by 66 percent to P1.29 billion, exceeding its goal for the year, on higher earnings from residential development and leasing...
View ArticleCost pressures hit Century Pacific Food profit
The country’s leading canned food producer Century Pacific Food Inc (CNPF) booked a 4-percent drop in net profit last year to P2.55 billion as the uptick in cost of raw materials relative to cyclical...
View ArticleDespite poor Q4 performance, Bloomberry 2017 net profit jumps 161%
Razon-led Bloomberry Resorts Corp. grew its net profit last year by 161 percent to P6.06 billion on record-high gaming volumes from integrated gaming resort Solaire. The post Despite poor Q4...
View ArticleShakey’s PH posts 14% profit growth
The country’s leading pizza parlor chain operator Shakey’s Pizza Asia Ventures Inc. grew its net profit last year by 14 percent to P762 million on sustained increase in revenue from its expanding store...
View ArticleFilinvest 2017 net profit up 21% to P10.3B
Gotianun-led Filinvest Development Corp. (FDC) grew its net profit last year by 21 percent to P10.3 billion, driven by higher earnings from its banking, property and power generation businesses. The...
View ArticleMegawide ’17 profit jumps 14%
Megawide Construction Corp. grew its net profit last year by 14 percent to P1.78 billion on higher earnings from construction and airport operations. The post Megawide ’17 profit jumps 14% appeared...
View ArticleLopez Holdings 2017 profit down 36%
Conglomerate Lopez Holdings posted a net profit of P4.22 billion last year, down by 36 percent in the absence of one-off gains and election season-related surge in media advertising revenue that jacked...
View ArticleCOL Financial nets P379M
Leading online brokerage COL Financial reported a net profit of P379 million last year, rising by 15.3 percent from year-ago level. The post COL Financial nets P379M appeared first on Inquirer Business.
View ArticlePNB expects 13-14% growth in net income in 2018
Tycoon Lucio Tan-led Philippine National Bank expects to sustain a 13-14-percent growth in net profit this year, mostly driven by core lending activities and fee-based earnings. The post PNB expects...
View ArticleUnion Bank profit up 33%; sets P10-B offer
Aboitiz-led Union Bank of the Philippines grew its first-quarter net profit by 33 percent year-on-year to P2.9 billion mostly due to extraordinary gains from its investment portfolio. The post Union...
View ArticleBloomberry nets P3.7B, up 71%
Integrated gaming report operator Bloomberry Resorts Corp. saw a 71-percent year-on-year surge in first quarter net profit to a new quarterly high of P3.7 billion, boosted by an unusually large...
View ArticleALI’s Q1 profit up 17%
Property giant Ayala Land Inc. (ALI) grew its first quarter net profit by 17 percent year-on-year to P6.52 billion, driven by the double-digit expansion of the residential development and commercial...
View ArticleSMIC Q1 profit up 10%
SM Investments Corp. (SMIC) grew its first quarter net profit by 10 percent year-on-year to P8.5 billion. The post SMIC Q1 profit up 10% appeared first on Inquirer Business.
View ArticleVista Land Q1 net up 13%
Villar-led Vista Land & Lifescapes grew its first quarter net profit by 13 percent year-on-year to P2.6 billion, driven by the sustained growth of its residential development business alongside a...
View ArticleGT Capital Q1 profit jumps 21%
Tycoon George Ty-led GT Capital Holdings posted a 21-percent year-on-year growth in first quarter net profit to P3.74 billion on higher share of earnings from its banking, insurance and infrastructure...
View ArticleAGI Q1 profit hit P3.5B
Tycoon Andrew Tan-led conglomerate Alliance Global Group Inc. (AGI) posted P3.5 billion in first quarter net profit attributable to equity holders of he parent firm, down by 2 percent year-on-year on...
View Article8990 Q1 net income jumps by 37%
Leading mass housing developer 8990 Holdings posted a 37-percent year-on-year growth in first quarter net profit to P1 billion on higher real estate sales and better-than-targeted margins. The post...
View ArticleLBC Express net profit surged 145% in 1st quarter
Logistics group LBC Express Holdings saw a 145-percent year-on-year surge in attributable net profit amounting to P541.36 million in the first quarter. The post LBC Express net profit surged 145% in...
View Article