Global Ferronickel Holdings, Inc. (FNI), a diversified nickel producer with interests in cement and steel production, recorded a 14.5 percent growth in net income to P2.13 billion in the first nine months of 2022 from the P1.86 billion posted during the same period last year. In a disclosure to the...
Lopez Holdings Corporation reported an 83 percent surge in attributable net income to P4.12 billion in the first nine months of 2022 from the P2.25 billion earned in the same period last year. Attributable net income is the portion of consolidated net income or loss for the period, net of income...
GT Capital Holdings, Inc., the Ty family’s investment arm, posted a 72 percent jump in consolidated net income to P15 billion in the first nine months of 2022 from P8.7 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its core net income...
Investor sentiment in the local stock market is more upbeat and analysts expect share prices to continue climbing this week following positive economic data released last week and as more companies announced third quarter results. “So far, we’re seeing the bullish case for the local market...
JG Summit Holdings, Inc. (JGS), the flagship of the Gokongwei Group, reported a smaller consolidated net loss of P859 million in the first nine months of the year from the P2.4 billion loss suffered in the same period last year. In a disclosure to the Philippine Stock Exchange, the diversified...
Housing developer 8990 Holdings, Inc. posted a 15.93 percent improvement in net income to P6.29 billion in the first nine months of 2022 from P5.43 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said total revenues grew 10.93 percent to P17.03...
The Securities and Exchange Commission (SEC) has approved the planned P1.89 billion initial public offering (IPO) of Alternergy Holdings Corporation. The Commission En Banc has resolved to render effective the registration statement of Alternergy Holdings covering 4.32 billion common shares,...
Robinsons Retail Holdings, Inc. reported a 62.7 percent jump in attributable net income to P4.4 billion in the first nine months of 2022 from P2.7 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its core net earnings increased by 72.6 percent to...
Retailer Puregold Price Club, Inc. and imported liquor distributor The Keepers Holdings Inc., both listed firms controlled by tycoon Lucio Co, reported strong earnings growth in the first nine months of the year. In a disclosure to the Philippine Stock Exchange, Puregold said it grew consolidated...
The Ayala Group has consolidated its three market-leading digital health apps to help address consumers’ pain points on a greater scale. During the media launch of the KonsultaMD superapp, the group said the consolidation will allow them to deliver even more digital solutions to address...
Lopez Holdings Corporation reported a 135 percent jump in attributable net income to P2.47 billion in net income attributable to equity holders of the first six months of 2022 from the P1.05 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
Nickel miner Global Ferronickel Holdings, Inc. (FNI) registered a 34 percent drop in consolidated net income to P417.4 million for the first half of 2022 from the P640.8 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said the results are...