Power and water utilities propelled a 17 percent growth in Metro Pacific Investments Corporation’s first quarter core net income to ₱6.6 billion in 2025 from ₱5.6 billion in 2024. The firm said that, “Improved financial and operational performance across MPIC’s portfolio led to a...
LT Group Inc., the holding company of taipan Lucio Tan, sees opportunities to expand its market leadership as inflation stabilizes while the country’s economic conditions improve. “As we look ahead to 2025, LTG remains committed to driving sustainable and innovative growth,” said LTG...
Century Pacific Food, Inc., one of the Philippines’ leading food companies, is aiming to sustain its double-digit growth in the first quarter amid slower inflation while US tariffs are seen to have a minimal impact on the company. “While it’s still early in the year, we aim to continue our...
Zobel-led Integrated Micro-Electronics, Inc. (IMI), a global leader in electronics manufacturing services, is confident of earnings growth as it has begun to return to profitability after a change in leadership and drastic loss-cutting measures. In a disclosure to the Philippine Stock Exchange, the...
Tycoon Andrew Tan’s township developer Megaworld Corporation reported a 16 percent growth in net income to ₱5.83 billion in the first quarter of the year as its growing focus on the provinces helped the performance of all of its core businesses. In a disclosure to the Philippine Stock Exchange,...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, is optimistic that the surge in its exports will continue to be a key growth driver, although it is exercising caution due to the uncertainties surrounding US tariff policies. In a media briefing, D&L...
SM Investments Corporation, the flagship of the Sy family, posted a nine percent growth in consolidated net income to ₱20.1 billion in the first quarter of 2025 from ₱18.4 billion in the same period last year, as rising consumer confidence translated to higher revenues. The firm said its...
The Zobels’ real estate giant Ayala Land Inc. is beefing up its hospitality portfolio will the planned major acquisition, new international partnerships, and the renovations of existing Seda hotels. During the firm’s first quarter briefing, ALI President and CEO Anna Ma. Margarita B. Dy said...
Strong affordable housing and premium residential sales outside of Metro Manila led to double-digit earnings growth for Century Properties Group Inc. (CPG). The firm said it has continued its strong momentum in the first quarter of 2025, reporting a net income of ₱473 million, a 16 percent...
Premium residential as well as commercial and industrial lot sales continue to fuel the growth of real estate giant Ayala Land, Inc. (ALI) as the middle-income condominium market in Metro Manila continues to be weighed down by weak sentiment, low demand, and excess supply. Despite headwinds, the...
Tycoon Lucio Co’s grocery retailer Puregold Price Club, Inc. (PGOLD) is the third listed major consumer company after Robinsons Retail Holdings Inc. and Wilcon Depot to report an uptick in consumer traffic and their growing basket sizes. Puregold posted a 6.5 percent improvement in consolidated...
Campos-led Del Monte Pacific Limited (DMPL) is talking to a potential investor for its US subsidiary, Del Monte Foods Holdings Limited (DMFHL), after deciding to let lenders take control of the unit instead of contributing $45 million for a dispute settlement. This comes after DMPL said its Board...
