LT Group, Inc. (LTG) posted a 63 percent drop in attributable net income to P3.73 billion in the first half of 2021 from the P10.03 billion earned in the same period in 2020. In a disclosure to the Philippine Stock Exchange, the firm said “This is mainly due to the higher provisioning for credit...
D&L Industries the country’s largest specialty food ingredients, plastics and oleochemicals firm, sustained its strong recovery in the second quarter of 2021, setting the stage for the firm to exceed its pre-pandemic earnings in 2019. In an online press briefing, D&L President Alvin D....
Cosco Capital, Inc., the retail holding firm of businessman Lucio L. Co, reported an 18 percent improvement in consolidated net income to P4.99 billion for the first half of 2021 from the P4.23 billion posted in the same period last year. In a disclosure to the Philippine Stock Exchange, Cosco said...
Metro Retail Stores Group, Inc. (MRSGI) reported a higher net loss of P181.9 million in the first half of 2021 from the P84.7 million incurred in the same period last year as it continued to reel from the effects of the pandemic. “The prevailing threat of the COVID-19 pandemic undermines the...
Global-Estate Resorts, Inc. (GERI), the Philippines’ leading developer of master-planned integrated tourism estates, reported an 11 percent improvement in attributable net income to P603 million during the first half of the year. In a disclosure to the Philippine Stock Exchange, the Megaworld...
Real estate giant Ayala Land Inc. is raising up to P5.5 billion from a planned offering of fixed-rate retail bonds with a 10-year tenor. The issuance consists of the base issue of P2.75 billion in relation to the first tranche of ALI’s new 3-year Securities Program (2021 SP) of up to P50 billion,...
The Department of Science and Technology (DOST) has announced that the seven products of Bukidnon’s largest dairy farm are now halal-certified. (Universal Harvester Dairy Farm Maramag Bukidnon Facebook page) DOST Secretary Fortunato “Boy” T. de la Peña said DOST-X through Provincial Science...
Ayala Land’s pioneering Real Estate Investment Trust (REIT) in the Philippines, AREIT Inc. (AREIT), reported a 31 percent to P1.34 billion in the first half the year compared to the same period in 2020. In a disclosure to the Philippine Stock Exchange, the firm said that, factoring out unrealized...
Century Pacific Food, Inc. posted a 21 percent growth in net income to P2.7 billion in first half of 2021 versus the same period last year on the back of strong export sales, resilient local demand, and favorable tax rates. In a disclosure to the Philippine Stock Exchange, the firm said...
The Annual Stockholders’ Meeting of Asia Pacific Medical Center-Iloilo, Inc. (formerly known as Allied Care Experts (ACE) Medical Center-Iloilo, Inc.) on August 26, 2021 will be held virtually over a secure online meeting platform. The company has announced that due to current public health...
Driven by the growth of its data/broadband business, PLDT Inc. netted ₱12.9 billion earnings, up 5% on ₱89.9 billion revenues, up 8.5%, in the first half of this year. The telco's core income ( excluding the impact of asset sales and Voyager Innovations) climbed 10% year-on-year to ₱15.2...
The Philippine Economic Zone Authority (PEZA) has granted an extension for the start of commercial operations (SCO) for D&L Industries’ Batangas plant in light of delays in the delivery of equipment and machineries due to the recent surge in COVID-19 cases. In a disclosure to the Philippine...
