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...
LT Group Inc. (LTG), the holding company of taipan Lucio Tan, reported a 4.9 percent improvement in consolidated net income to P26.67 billion for the first nine months of 2024 from P25.42 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its...
Suzuki Philippines invites you to explore its exciting lineup and experience the latest in hybrid technology firsthand as it joins the 2024 Auto Focus Pre-Christmas Test Drive Festival. The family-friendly event is happening at the Mall of Asia (MOA) concert grounds from November 14 to 17, 2024....
Leading VisMin developer Cebu Landmasters Inc. (CLI) reported a seven percent improvement in attributable net income to P2.3 billion in the first three quarters of 2024 from the P2.2 billion earned in the same period last year. In an online media briefing from Cebu, CLI Executive Vice President and...
When Super Typhoon Yolanda devastated the Visayas region in 2013, it swept away not only homes but also dreams. Yet, for five resilient young dreamers from Leyte, the storm marked the start of an extraordinary journey. These achievers, all SM Foundation College Scholar-alumni from Saint Paul School...
Lucio Co-led The Keepers Holdings Inc., the largest imported liquor distribution in the Philippines, is planning to acquire 100 percent of premium beer importer Booze On-Line Inc. for an undisclosed amount. In a disclosure to the Philippine Stock Exchange (PSE), Keepers said the price is below 10...
