Renewable power pioneer Alternergy Holdings Corp. has secured a green corporate loan to continue constructing its renewable power projects for 2024. Alternergy announced on Wednesday, May 8, that it will have a P4 billion green corporate loan to be utilized for projects like the Tanay and Alabat...
Diversified engineering conglomerate DMCI Holdings, Inc. reported a first quarter consolidated net income of P5.6 billion, 25 percent lower than the P7.5 billion earned in the same period last year due to lower contributions from most of its businesses. In a disclosure to the Philippine Stock...
AyalaLand Logistics Holdings Corp. (ALLHC), an Ayala Land, Inc. (ALI) subsidiary, reported an 18.54 percent growth in net income to P211 million in the first quarter of 2024 from the P178 million it earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
LOPEZ HOLDINGS CORPORATION will be conducting its annual meeting of stockholders on June 21, 2024, Friday at 10:00 AM virtually through https://conveneagm.com/ph/lpzasm2024 A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
Sy family-controlled SM Prime Holdings, Inc., one of the leading integrated property developers in Southeast Asia, reported an 11 percent growth in consolidated net income to P10.5 billion in the first quarter of 2024 from the P9.4 billion generated in the same period last year. In a...
ILOILO CITY – Electric distributor MORE Electric and Power Corp. (MORE Power) and major property developer SM Prime Holdings Inc. (SM Prime) have inked an agreement for stable power supply in this city. The signing of the Interruptible Load Program (ILP) last week was in response to the warning...
LOPEZ HOLDINGS CORPORATION will be holding its annual meeting of stockholders on June 21, 2024, Friday at 10:00 AM virtually through https://conveneagm.com/ph/lpzasm2024 A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
Philippine Airlines (PAL) reported a 25 percent decrease in comprehensive income to $81 million in the first quarter of 2024 from $108.2 million (P5.9 billion) for the same period in 2023. In a May 2 disclosure to the Philippine Stock Exchange (PSE) by its parent company PAL Holdings, Inc., PAL...
Young tycoon Leandro Legarda Leviste has acquired the equivalent of 8.5 percent of ABS-CBN Corporation, continuing his buying binge after selling a portion of his stake in SP New Energy Corporation to Meralco PowerGen Corporation. ABS-CBN’s share price has surged over the past week and...
The Bankers Association of the Philippines (BAP) is waiting for the Philippine Stock Exchange to name a price if it wants to buy the stake of banks in the Philippine Dealing System Corporation (PDS), which owns the fixed income bourse Philippine Dealing & Exchange Corporation. BAP...
Diversified engineering conglomerate DMCI Holdings, Inc. aims to return to profitability by 2025 Cemex Holdings Philippines (CHP), its largest investment to date and its first acquisition in a decade, through synergies within the group. CHP, the Philippines' fourth-largest cement...
AllDay Supermarket and AllHome Corporation, the publicly-listed retail units of AllValue Holdings owned by richest Filipino Manuel B. Villar Jr., reported strong profits for 2023. In a disclosure to the Philippine Stock Exchange, AllDay Supermarket (ALLDY), a leading player in the Philippines’...