Wilcon Depot Inc., the Philippines’ leading home improvement and finishing construction supplies retailer, posted a 16.9 percent year-on-year drop in net income to P1.51 billion in the first half of 2024 as operating expenses grew faster than net sales. In a disclosure to the Philippine Stock...
OceanaGold (Philippines) Inc. reported that its net profit fell 40 percent to $25.7 million in the first half of 2024 from the $42.6 million earned in the same period last year. “This was primarily driven by lower Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization),...
The devastating impact of Typhoon Carina has left countless individuals and families grappling with the aftermath. Suzuki recognizes the vital role motorcycles play in the lives of many, serving as transportation and livelihood. In light of this, the company is committed to support its valued...
SANTO TOMAS CITY, Batangas – AP Renewables Inc. (APRI), an Aboitiz Power Corp. subsidiary, recently sponsored a basic sewing skills and entrepreneurship training program in Barangay Santa Elena here. GRADUATES of the training with their teachers and representatives from the Aboitiz Group....
The Gokongwei Group’s Robinsons Retail Holdings Inc. reported that its attributable net income surged 3.8 times to P6.8 billion in the first half of 2024 from P1.8 billion in the same period last year due to a one-time gain from the Bank of the Philippine Islands-Robinsons Bank merger in the...
Jetour Auto Philippines Inc (JAPI) is extending its network of dealerships with Jetour Auto Pasig as the latest addition. The opening of Jetour Auto Pasig grows JAPI's current network of 9 dealers in Metro Manila, making it accessible to millions of residents of Pasig City, Cainta, Marikina, and...
Besides making great family cars, Suzuki also showed off their ability to create efficient, reliable, and versatile commercial vehicles. These vehicles were on display at the 2024 Philippine Commercial Vehicle Show (PCVS), which was held at the SMX Convention Center Manila from July 18 to 20,...
PLDT Global Corporation, the international arm of the Philippines' leading integrated telco PLDT Inc., has signed a Memorandum of Understanding (MOU) with Bru-Haas (B) SDN BHD to enhance subsea connectivity. In a statement, PLDT said this MOU represents a significant milestone in the ongoing...
Angel’s Pizza, the fastest-growing pizza chain of the Figaro Coffee Group, reported P1.2 billion in sales on GrabFood during the first half of 2024, with over 925 thousand transactions, up 63 percent from the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Vista Land & Lifescapes Inc. of richest Filipino Manuel B. Villar Jr., has raised $300 million through the issuance by wholly-owned subsidiary VLL International Inc. of 9.375 percent senior guaranteed notes due 2029. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
Marking 30 years of shared prosperity: SM Prime Holdings' Board of Directors (from left): Hans T. Sy; Amando M. Tetangco, Jr.; Jeffrey C. Lim; and Henry T. Sy, Jr. lead a momentous bell-ringing ceremony with Philippine Stock Exchange's President and CEO, Ramon S. Monzon; Directors Eddie T. Gobing,...
Housing developer 8990 Holdings, Inc. reported that its housing loan takeouts or proceeds from the Home Development Mutual Fund (HDMF or the Pag-ibig Fund) almost tripled last year from P5.96 billion in 2022. During the firm’s annual stockholders’ meeting on July 29, 2024, 8990 President and...