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,...
San Miguel Corporation (SMC) power unit SMC Global Power Holdings Corp’s Battery Energy Storage Systems (BESS) technologies will stabilize power supply nationwide; it also ushers the next stage for renewable power in the country. Even as power companies work to avert a looming power crisis in the...
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...
Lopez Holdings Corporation reported an attributable net income of P2.25 billion for the first nine months of 2021, a reversal of the P491 million in attributable net loss suffered in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said “This was mainly due to...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, has successfully listing its P10 billion Retail Bond Series O at the Philippine Dealing & Exchange Corp. (PDEx). In a statement, the firm said SM Prime Chief Finance Officer John Nai Peng C. Ong and...
PAL-Aircraft_316x210px-1 After slashing operating expenses in the first nine months of 2021, PAL Holdings Inc., the parent company of flag carrier Philippine Airlines (PAL), managed to stem its hemorrhage, bringing down losses from P28.58 billion in the same period in 2020 to P21.61 billion this...
Marcventures Holdings Inc. (MHI) consolidated income during the first nine months of the year surged to P790.31 million, a 384.32 percent increase from the P163.18 million the company had in the same period last year. This is amid the robust third quarter performance of the firm’s subsidiary,...
JG Summit Holdings, Inc., one of the country’s largest and most diversified conglomerates, core net income declined 21 percent to P948 million in the first nine months of 2021 from the P1.2 billion earned in the same period last year weighed down by its airline business unit. In a disclosure to...
AC Logistics Holdings Corp., a wholly owned subsidiary of Ayala Corporation, is acquiring a controlling 60 percent stake in the Air 21 Group from Alberto D. Lina for an undisclosed sum. In a statement, AC Logistics said it has signed an Investment Agreement with Lina, Air 21 Holdings Inc. (AHI),...
