James A. Loyola
More Gen Z shoppers troop to SM
April 20, 2025 8:52 pm
SM Investments Corp.’s retail arm, SM Retail Inc., reported that its efforts to tap into the rapidly growing Gen Z demographic as a new consumer market is bearing fruit.
Lopez Holdings earnings surge as ABS-CBN slashes losses
April 20, 2025 8:50 pm
Lopez Holdings Corp. reported a 123-percent surge in attributable net income to ₱6.34 billion last year, from the ₱2.85 billion earned in 2023, due to a lower equity share in the net losses of broadcast giant ABS-CBN Corp.
Metro Retail profits dip due to expansion costs, lower margins
April 20, 2025 8:47 pm
Gaisano-led Metro Retail Stores Group Inc. (MRSGI) reported a 1.4-percent dip in net income to ₱609.42 million last year, from the ₱618.02 million earned in 2023, due to non-cash charges driven by its ongoing expansion program.
Italpinas more than doubles profits on lower costs, growth in asset values
April 20, 2025 8:46 pm
Real estate firm Italpinas Development Corp. (IDC) more than doubled its net income to ₱376.8 million last year, reflecting a 102.2-percent increase from the ₱186.3 million earned in 2023, due to cost reduction and increase in land values.
Asialink gets PRS A+ issuer credit rating for future fundraising activities
April 20, 2025 8:44 pm
The Lugtu family’s Asialink Finance Corp. has been given an issuer credit rating of PRS A plus (corp.) with a stable outlook by Philippine Rating Services Corp. (PhilRatings).