Ayala Land-sponsored AREIT Inc., the first Philippine real estate investment trust, posted a 44 percent jump in first-half net income, excluding the net fair value change in investment properties, to P2.9 billion. In a disclosure to the Philippine Stock Exchange, the firm said it posted total...
A deep sea diver successfully installs a flange valve plate onto the surface of a tank onboard sunken tanker MTKR Terranova as part of initial siphoning operations on Aug. 11, 2024. (Photo: Harbor Star Shipping Services, Inc. via PCG) The full-blown siphoning operation to drain 1.4 million liters...
Fixed broadband operator Converge Information and Communications Technology Solutions, Inc. has upgraded its full-year financial targets after its first six months significantly outperformed expectations. In a press briefing, Converge said it now expects to grow top-line revenue by 12 percent to 14...
Century Properties Group Inc. (CPG) of the Antonio family reported a 64 percent surge in consolidated net income to P1.07 billion for the first half of 2024 from P0.66 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this growth level is...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Andrew Tan, posted a four percent dip in attributable net income to P8.8 billion in the first half of 2024 from P9.2 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
The Philippine Competition Commission has cleared the Consunji Group’s planned acquisition of a controlling stake in Cemex Holdings Philippines Inc. (CHP). In a disclosure to the Philippine Stock Exchange, the group said DMCI Holdings Inc., Dacon Corporation, and Semirara Mining and Power...
Telecom giant PLDT Inc. reported that its net income was flat at P18.4 billion in the first half of 2024 as gross service revenues grew by four percent to P103.4 billion from the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said telco core income,...
VisMin developer Cebu Landmasters Inc. (CLI) posted a 24 percent increase in net income to P1.7 billion in the first half of 2024 from the P1.37 billion registered in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its first half revenue also grew by...
Filinvest Land Inc. (FLI), one of the Gotianun Group’s property development arms, reported an 11 percent hike in consolidated attributable net income to P1.54 billion for the first half of 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm said gross profit margins from the...
Cosco Capital Inc., the retail holding firm of billionaire Lucio L. Co, registered a 15.5 percent growth in its consolidated net income amounting to P6.97 billion in the first half of 2024 from P6 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE),...
LT Group Inc. (LTG), the investment arm of taipan Lucio Tan, said its attributable net income for the first half of 2024 remained almost flat at P12.80 billion from P13 billion in 2023 as a majority of its subsidiaries posted higher profits during the period. In a disclosure to the Philippine Stock...
JG Summit Holdings Inc. (JGS), the flagship of the Gokongwei Group, reported a 43 percent jump in consolidated attributable net income to P14.8 billion in the first half of 2024 from the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it generated a 99...
