Tag page - earnings

Ayala-owned Bank of the Philippine Islands (BPI) reported a 26.4 percent increase in net income to P38.6 billion in the first nine months of 2023 from P30.5 billion in the same period last year due to sustained loan and margin growth. In a disclosure to the Philippine Stock Exchange (PSE), the...

Liberal Party (LP) President and Albay 1st district Rep. Edcel Lagman is disputing his fellow congressman's claim that the country’s government-owned and controlled corporations (GOCCs) has surplus earnings for the proposed Maharlika Investment Fund (MIF). Albay 1st district Rep. Edcel Lagman...

Philippine Airlines, Inc. (PAL) reported growth in earnings in the first semester this year, its first positive financial results since 2016, the flag carrier disclosed Wednesday, Aug. 3. PAL hauled in an operating income of $125 million (P6.6 billion) and net comprehensive income of $71 million...

Although the pandemic is still wreaking havoc in the aviation sector, flag carrier Philippine Airlines (PAL)'s parent firm PAL Holdings Inc. managed to cut its losses by 20 percent to P16.56 billion in the first six months of the year, from P20.75 billion in the first half of 2020. Gross revenues...

The COVID19 pandemic resulted in lower container volumes, pulling down Asian Terminals Inc. (ATI)’s earnings by 20.4 percent, from P3.71 billion in 2019 to P2.96 billion last year. Container volumes at the Manila South Harbor plunged 20.4 percent while those at the Batangas Container Terminal...