PHINMA Community Housing (CoHo), the low-income housing segment of PHINMA Corp., expects to commercially launch its first project units in the first half of next year. The firm recently broke ground on the site in Tugbok District, Davao City. CoHo aims to provide 500 affordable homes for...
Del Rosario-led PHINMA Corp. reported an attributable net loss of ₱216.45 million in the first nine months of 2025 from the net income of ₱122.73 million earned in the same period last year. The firm disclosed to the Philippine Stock Exchange that its consolidated revenues dipped to ₱16.31...
My close friend, Oscar Hilado, just passed away at the age of 88, having lived a full life alongside his loving wife, Marilou, and their three children. I still remember his cheerful face from the very first moment I knew him in 1958, when we first met as CPA board examinees. He had just graduated...
Prominent businessman and Phinma Corp. Chairman Emeritus Oscar J. Hilado has passed away at the age of 87. “It is with deep sadness that we are informing your good office and the public of the passing of [Hilado] on Sept. 17, 2025. He has been a director of the company since April 1969 and was...
Despite challenges faced by the local cement industry, Sumitomo Osaka Cement Co. Ltd. of Japan is acquiring a 15-percent stake in Phinma Corp.’s subsidiary Philcement Corp. Phinma disclosed to the Philippine Stock Exchange (PSE) that Philcement has signed a share subscription agreement with...
Aboitiz Construction has completed the design and construction of the new berth of DICT Bulk Terminal, Inc. (DBTI), a joint venture between the Floirendos’ Davao International Container Terminal, Inc. (DICT) and Philcement Corp. of Phinma Corp. Located in Panabo City, Davao del Norte, the...
PHINMA Education Holdings, Inc. (PEHI), subsidiary of PHINMA Corp. (PHN), reported that it has received the ₱825 million investment of Rise Edu Pte. Ltd., an investment vehicle of funds managed by Kaizenvest (Kaizenvest III). In a disclosure to the Philippine Stock Exchange, the firm confirmed...
PHINMA Corp. reported a consolidated net loss of ₱226.92 million in the first half of 2025 from a profit of ₱170.93 million in the same period last year due to losses of its construction materials and property units amid “pressure from the macroeconomic environment and the impact of seasonal...
Del Rosario-led PHINMA Corp. has infused an additional ₱300 million in capital into the group’s first-ever township in Bacolod City—Saludad—which is projected to require investments of up to ₱12 billion. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the fresh...
PHINMA Corporation of the Del Rosario family expects to sustain its growth this year on the strength of its education and property businesses "We are optimistic for sustained growth with the expected higher enrollment for Education, the accelerated implementation and completion of PHINMA Properties...
Del Rosario-led PHINMA Corp. reported a 66-percent drop in attributable net income to ₱279.55 million last year, from the restated 2023 profit of ₱831.27 million, due to high expenses and losses of its property business. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
Del Rosario-led PHINMA Corporation has scaled down the planned ₱1.6 billion investment allocated to its property and construction materials units to ₱1.25 billion. In a disclosure to the Philippine Stock Exchange, the firm said its board of directors has approved the reversal of appropriation...
