JG Summit Holdings Inc. (JGS), the flagship of the Gokongwei Group, reported a 43 percent jump in consolidated attributable net income to P14.8 billion in the first half of 2024 from the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it generated a 99...
The Sy-led SM Prime Holdings Inc. is allocating P10 billion of 10 percent of its capital expenditures to sustainable and resilient designs and using renewable energy as part of its commitment to preserving the environment. In a statement, SM Investments Corporation said SM Prime integrates rigorous...
Flag carrier Philippine Airlines (PAL) reported a comprehensive net income of P9.48 billion for the first half of 2024, 30 percent lower than in the same period last year. Based on the disclosure of parent company PAL Holdings Inc. to the Philippine Stock Exchange (PSE), this is on the back of...
Global Ferronickel Holdings Inc., a leading nickel ore producer in the Philippines, reported a 40.8 percent drop in attributable net income to P207.1 million in the first half of the year from P349.5 million in the same period of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the...
Dominion Holdings Inc. (DHI), formerly BDO Leasing and Finance Inc., posted a seven percent growth in net income to P134.5 million in the first half of 2024, from the P125.3 million in the comparable period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said earnings...
PHINMA Corporation, a conglomerate controlled by the Del Rosarios, plans to raise up to P1 billion from a stock rights offering (SRO) in the fourth quarter of this year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its Board of Directors approved the planned SRO at its...
Ayala Healthcare Holdings Inc. (AC Health) reported that it has completed its investment in St. Joseph Drug, officially adding the North Luzon-based pharmaceutical company to its healthcare portfolio. In a statement, AC Health’s parent, Ayala Corporation, said the definitive agreements were...
Diversified engineering conglomerate DMCI Holdings reported a 29 percent decline in net income to P11.1 billion in the first half of 2024 from P15.6 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the lower earnings is primarily due to...
The Sy siblings’ SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported that its consolidated net income improved 13 percent to P22.1 billion in the first half of 2024 from the P19.4 billion in the same period last year. In a disclosure to the...
Meralco PowerGen Corporation, the power investment arm of Manila Electric Company, is eyeing to secure approval from the Philippine Competition Commission (PCC) on the triarchy deal that it sealed for the $3.3 billion integrated liquefied natural gas (LNG) project in Batangas province. MGen...
Listed firm Alternergy Holdings Corporation is gaining traction on hitting the 500-megawatt scale on its portfolio buildup, with the targeted 2025 completion of its 28MW Solana solar power project in Hermosa, Bataan adding up to its well-calculated capacity growth. The solar farm project which...
The Gokongwei Group’s Robinsons Retail Holdings Inc. reported that its attributable net income surged 3.8 times to P6.8 billion in the first half of 2024 from P1.8 billion in the same period last year due to a one-time gain from the Bank of the Philippine Islands-Robinsons Bank merger in the...
