Century Properties Group Inc. (CPG) reported a 38 percent jump in consolidated net income to P1.8 billion in the first nine months of 2024 from P1.3 billion in the same period last year, putting it on track to meet its full-year financial targets. In a disclosure to the Philippine Stock Exchange,...
Razon-led Manila Water Co. reported a 39 percent growth in its net income for the first nine months of this year. In a disclosure to the Philippine Stock Exchange on Thursday, Nov. 24, Manila Water said its net income jumped from P7 billion last year to around P10 billion by the end of September...
Suzuki Philippines is excited to announce the soft opening of the Suzuki Auto Otis dealership, further expanding its dealer network in the heart of Manila. Suzuki Auto Otis is located at 1502, 1007 Paz Mendoza Guanzon Street in Paco, Manila, and is owned and managed by NXT Mile Motor, Inc. The...
GT Capital Holdings Inc., the investment arm of the Ty family, reported a six percent dip in consolidated net income to P21.7 billion for the first nine months of 2024 from P23.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said that,...
AREIT Inc. (AREIT), the Ayala Group’s real estate investment trust, reported a 46 percent jump in net income to P5 billion, excluding the net fair value change in investment properties, for the first nine months of 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it...
Uy-led Converge Information and Communications Technology Solutions Inc. reported a 29-percent jump in net income in the first nine months of the year to P8.2 billion from the P6.4 billion registered in the same period last year on the back of a strong performance in all its businesses. In a...
JG Summit Holdings Inc. (JGS), the Gokongwei Group’s diversified conglomerate, posted a 16 percent year-on-year (YoY) improvement in net income to P17.9 billion for the first nine months of 2024. The firm said in a disclosure to the Philippine Stock Exchange (PSE) that higher earnings came on the...
Movem Electric, Inc., an electric mobility solutions provider of Manila Electric Company (Meralco), and Polish infrastructure firm ChargeEuropa have partnered to set up electric vehicle (EV) charging stations across the country. In a statement on Wednesday, Nov. 13, Meralco said that Movem and...
SM Investments Corporation, the flagship of the Sy family, reported a nine percent growth in consolidated net income to P60.9 billion in the first nine months of 2024 from P55.9 billion in the same period last year on stronger earnings of its banking and property units. In a disclosure to the...
D.M. Wenceslao and Associates, Inc. posted an eight percent increase in net income year-on-year to P1.4 billion in the first nine months of 2024, with its leasing operations driving growth. In a disclosure to the Philippine Stock Exchange, the firm said recurring revenues, encompassing land,...
Tanduay Distillers Inc., a 170-year-old liquor firm controlled by tycoon Lucio Tan, continues to ramp up its global presence in Latin America and Europe as demand for its products grows. The firm’s products are currently marketed in 23 countries outside the Philippines, concentrated in North and...
Restaurant and food service group Shakey’s Pizza Asia Ventures, Inc. (SPAVI) reported a decline in net income to P250 million in the third quarter of 2024, from P256.8 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the company stated that this...
