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DoubleDragon profit surged in Q1, up 349.4%
Property developer DoubleDragon Properties Corp. grew its first quarter net profit by 349.4 percent year-on-year to P744.56 million as the company unlocked more recurring revenues out of its buildup of...
View ArticleGSM sobers up as profits improve over recycled bottles, yields
Hard liquor-maker Ginebra San Miguel Inc. (GSM) sees net profit this year doubling to P1.2 billion, sustaining a strong recovery that began last year. The post GSM sobers up as profits improve over...
View ArticleHolcim profit down 25% in 6 months
Leading cement firm Holcim Philippines saw a 25-percent drop in its first semester net profit to P1.6 billion due to stiff competition and higher operating costs. The post Holcim profit down 25% in 6...
View ArticleBDO profit down 1.5% in first half
The country’s largest lender BDO Unibank saw a 1.5-percent year-on-year dip in its first semester net profit to P13.1 billion on accounting adjustments at its insurance arm and expenses for the...
View ArticleBPI 6-mo. profit down 5.7%
Ayala-led Bank of the Philippine Islands posted a 5.7-percent drop in first semester net profit to P11.03 billion due to the decline in its treasury, trust and investment management businesses. The...
View ArticleGokongwei firm’s 6-mo profit down 23%
Gokongwei-led Universal Robina Corp. (URC) saw a 23-percent year-on-year decline in first semester net profit attributable to equity holders amounting to P4.81 billion on lower coffee volumes and...
View ArticleCentury Pacific 6-month profit up 9%
Leading canned food producer Century Pacific Food Inc. grew its net profit in the first half by 9 percent year-on-year to P1.6 billion on higher earnings from its branded food segment. The post Century...
View ArticleAboitiz holding firm nets P10.1B in H1
Conglomerate Aboitiz Equity Ventures Inc. posted P10.1 billion in first semester net profit, down 2 percent year-on-year due to some foreign exchange losses and slower earnings contribution from the...
View ArticleChina Bank profit hits P3.6B
Sy family-led China Bank Corp. posted P3.6 billion in net profit in the first half, unchanged from a year ago, on reduced reliance on securities trading. The post China Bank profit hits P3.6B appeared...
View ArticleShakey’s PH unit posts 7% growth in net income
Pizza parlor chain operator Shakey’s Pizza Asia Ventures Inc. saw a 7-percent year-on-year growth in its first semester net profit to P396 million as sales expanded at double-digit pace despite cost...
View ArticleGeri profit rose 18% as of June ‘18
Tycoon Andrew Tan-led leisure estate development arm Global-Estate Resorts Inc. (Geri) grew its net profit attributable to parent company’s shareholders by 18 percent year-on-year to P814 million on...
View ArticleSMC’s food and beverage unit reports 20% growth in H1 profit
Consumer giant San Miguel Food and Beverage Inc. (FB) grew its net profit in the first semester by 20 percent year-on-year to P15.4 billion on higher earnings across its beer, hard liquor and food...
View ArticleSMC posts 29% income growth
Conglomerate San Miguel Corp. grew recurring net profit in the first semester by 29 percent year-on-year to P35.5 billion on higher earnings from its food, beverage, power, energy and infrastructure...
View ArticleD&L H1 net grows 13%
Plastic and food input producer D&L Industries grew its recurring first semester net profit by 13 percent year-on-year to P1.53 billion on robust volumes posted by its speciality products and...
View ArticleSMIC profit up 9% to P18.1B at end-June
Conglomerate SM Investments Corp. (SMIC) grew its net profit by 9 percent year-on-year to P18.1 billion in the first semester, driven by higher earnings from the property and retailing businesses. The...
View ArticleDoubleDragon profit surges 234%
Property developer DoubleDragon Properties Corp.’s net profit in the first six months surged by 234.2 percent year-on-year to P1.26 billion with the expansion in recurring earnings from its growing...
View ArticleMegawide nets P927.5M
Construction and engineering group Megawide Construction Corp. posted a net profit of P927.54 million in the first six months, flat from the earnings in the same period last year, due to slower...
View ArticleDMCI H1 profit jumps 21%
Consunji-led engineering conglomerate DMCI Holdings Inc. (DMCI) grew its first semester net profit by 21 percent year-on-year to P9.2 billion on higher earnings from its coal mining, real estate,...
View Article8990 posted 95.8% profit growth in H1
Leading mass housing developer 8990 Holdings jacked up its first semester net profit by 95.8 percent year-on-year to P2.39 billion, a record semestral profit for the company, on better-than-expected...
View ArticleFilinvest H1 income up 66%
Gotianun family-led Filinvest Development Corp. (FDC) chalked up a first semester net profit attributable to equity holders of parent firm amounting to P5.43 billion, 66 percent higher year-on-year,...
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