Robinsons Retail Holdings Inc. (RRHI), a member of the Gokongwei Group, reported that its acquisition of Rose Pharmacy Inc. has been cleared by the Philippine Competition Commission (PCC). Under a share purchase agreement dated Sept. 25, 2020, RRHI, through its subsidiary South Star Drug Inc.,...
Over 21 million students have enrolled for the school year 2023-2024 with Region 4-A having the highest with over three million. INSIDE one of the newly built classrooms donated by SM Prime Holding Inc. (SMPHI), through SM Foundation, in Batangas. The school year was also met with challenges...
Toyota Motor Philippines (TMP), a subsidiary of the Ty family’s GT Capital Holdings, reported that its consolidated net income zoomed 159 percent to P10.9 billion in the first nine months of 2023 from the P4.2 billion earned in the same period last year. In a statement, the firm said it...
Fruitas Holdings Inc., the leading operator of multi-format food and beverage stores, reported a 62 percent jump in net income to P70.2 million for the first nine months of 2023 from the P43.3 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the...
GT Capital Holdings Inc., the Ty family conglomerate, reported that its consolidated net income rose 54 percent to P23.09 billion in the first nine months of 2023 from the P14.95 billion earned in the same period last year, boosted by its banking and automotive businesses. In a disclosure to the...
Cosco Capital Inc., the retail holding firm of tycoon Lucio L. Co, reported a modest 4.8 percent improvement in consolidated net income to P9.1 billion in the first nine months of 2023 from the P8.7 billion earned a year ago. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
The Po and Gokongwei families have beefed up their stakes in Shakey’s Pizza Asia Ventures Inc. (PIZZA), one of the leading food service groups in the Philippines, by buying out the stake of Singapore’s sovereign wealth fund GIC for P2.69 billion. In a disclosure to the Philippine Stock Exchange...
STI Holdings, one of the biggest networks of private schools in the Philippines, more than doubled its net income to P873.8 million for the fiscal year ending June 30, 2023, from the previous year's P416.2 million. In its annual disclosure to the Philippine Stock Exchange (PSE), the company said...
The Sy siblings' SM Prime Holdings Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, posted a 37 percent jump in net income to P30.1 billion in the first nine months of 2023 from the P22.0 billion earned in the same period last year. In a disclosure to the...
Consunji-owned DMCI Holdings reported a 28 percent drop in net income to P20 billion for the first nine months of 2023 from P27.6 billion in the same period last year due to normalizing coal and nickel prices. In a disclosure to the Philippine Stock Exchange (PSE), the firm’s revenues also...
Robinsons Retail Holdings Inc. reported a modest four percent increase in its net earnings to P3.8 billion in the first nine months of 2023 from P3.6 billion in the same period in 2022 as the company remains resilient amid the impact of inflation on consumer spending. In a disclosure to the...
From left: Bacolod City Legal Officer, Atty. Romeo Carlos M. Ting, Jr.; Hon. Alfredo Abelarde B. Benitez, Bacolod City Mayor; and Steven Tan, President, SM Supermalls sign the contract for the Manokan Country Redevelopment Project. SM Prime Holdings, Inc. yesterday turned over P131.89 million to...
