Fruitas Holdings Inc. (FRUIT) reported that it posted strong sales in November 2021, marking its highest monthly sales level since quarantine restrictions were imposed due to the COVID-19 pandemic. In a disclosure to the Philippine Stock Exchange, the firm said it “anticipates the seasonal uptick...
SM Prime Holdings Inc. reported that it has reached an important milestone—breaching six million COVID-19 jabs administered through its mall network nationwide as part of its strong support of the country’s recovery agenda and vaccination drive. In a statement, SM Supermalls said it has...
Housing developer 8990 Holdings Inc. is projecting to generate P165 Billion in sales from 78,352 housing units in the next 7 to 10 years while expecting to hit P20 billion for this year alone. According to 8990 Holdings President and CEO Anthony Vincent S. Sotto, this estimate is based on the...
DMCI Holdings' Berong Nickel Corp. (BNC) in Quezon, Palawan is now facing depletion after 15 years of mining operation and will undergo rehabilitation, according to the company. BNC said in a statement that it will spend around P110 million to decommission the Palawan mining site and that it will...
PAL-Aircraft_316x210px-1 Philippine Airlines’ (PAL) parent firm, PAL Holdings Inc., will double its authorized capital stock from P13.5 billion to P30 billion and issue 10.2 billion shares worth P12.75 billion via a private sale. Stockholders approved the move during their Nov. 25, 2021 annual...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, is opening SM City Grand Central in Caloocan on Nov. 26, 2021, Friday. In a disclosure to the Philippine Stock Exchange, the firm said this latest development will add more than 116,000 square meters (sqm)...
STI Holdings, owner of one of the country’s largest networks of schools, reduced it net losses to P116.7 million in the first quarter (July 1 to September 30) of fiscal year 2021 from P203 million in the same period last year year due to an increase in enrollment. In a disclosure to the...
Premier contractor D.M. Consunji Inc. (DMCI) reported that it has bagged P4.5 billion in new contracts and P2.6 billion in additional work from ongoing projects from January to September, raising its order book to P51.7 billion. In a disclosure to the Philippine Stock Exchange, its parent firm DMCI...
Fruitas backs out of healthcare venture 47599 Fruitas Holdings, Inc., the country’s leading small footprint food and beverage store operator, has terminated its discussions to acquire Surehealth Multi-Specialty & Diagnostic Clinic Corporation. In a disclosure to the Philippine Stock Exchange,...
The Keepers Holdings Inc., retailer Lucio Co’s liquor import and distribution business, has successfully listed its P4.5 billion follow on offering shares at the Philippine Stock Exchange with its share price rising 12.7 percent to close at P1.69 apiece. PSE President Ramon S. Monzon said The...
Fruitas Holdings, Inc. (FRUIT) managed to halve its net loss to P16 million in the first nine months of 2021 from the net loss of P32 million incurred in the same period last year despite the challenging situation. In a disclosure to the Philippine Stock Exchange, the firm said it continued to...
GT Capital Holdings Inc., the flagship of the Ty family, posted 168 percent leap in consolidated net income to P8.7 billion in the first nine months of 2021 from P3.2 billion in the same period last year year. In a disclosure to the Philippine Stock Exchange, the firm said its core net income...
