San Miguel Food and Beverage Inc. (SMFB), a core unit of diversified conglomerate San Miguel Corporation, posted a 4.6 percent growth in consolidated net income to P27.5 billion in the first nine months of 2023 from P26.3 billion in the same period last year. In a statement, the firm said it...
The Po family’s Century Pacific Food Inc. (CNPF), one of the country’s leading food and beverage companies, reported a 10 percent year-on-year improvement in net income to P4.6 billion in the first nine months of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it...
STI Holdings, one of the biggest networks of private schools in the Philippines, more than doubled its net income to P873.8 million for the fiscal year ending June 30, 2023, from the previous year's P416.2 million. In its annual disclosure to the Philippine Stock Exchange (PSE), the company said...
Property giant Ayala Land Inc. (ALI) posted a 38 percent hike in total net income to P18.4 billion in the first nine months of the year as consolidated revenues improved 15 percent to P98.9 billion year-on-year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it maintained a...
Billionaire Andrew Tan’s leisure development business Global-Estate Resorts Inc. (GERI) reported that its net income was up slightly to P1.5 billion in the first nine months of 2023 from the P1.45 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE),...
San Miguel Brewery Inc. (SMB), San Miguel Corporation’s privately-held brewing unit, reported a 20.2 percent hike in consolidated net income to P19.4 billion in the first nine months of 2023 versus the same period last year. In a statement, the firm said its performance was driven mainly...
West Zone concessionaire Maynilad Water Services, Inc. said the company will put higher discounts on the water bills of low-income and low-consuming customers. Starting Jan. 1, 2024, Maynilad will launch the Enhanced Lifeline Program (ELP) as a way to extend greater discounts to marginalized...
A Senate panel on Tuesday, November 7 lifted the contempt order against the four leaders of the Socorro Bayanihan Services Inc. (SBSI) or the so-called Socorro "cult" namely Jey Rence Quilario also known as "Senyor Agila", Janeth Ajoc, Mamerto Galanida, and Karren Sanico. The Senate security group...
Balai ni Fruitas Inc., a leading Philippine counter service bakery operator, reported that its net income jumped 77 percent to P41 million in the first nine months of 2023 from P23 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm aid it continued its...
The Ayala Group’s manufacturing arm Integrated Micro-Electronics Inc. (IMI) reported a net loss of $1.6 million in the first nine months of 2023 from $0.81 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said revenues were lower and the...
MREIT Inc., the real estate investment trust of Megaworld Corporation, posted a distributable income growth of 13 percent to P2.1 billion during the first nine months of 2023 from the P1.9 billion recorded in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE),...
The Sy siblings' SM Prime Holdings Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, posted a 37 percent jump in net income to P30.1 billion in the first nine months of 2023 from the P22.0 billion earned in the same period last year. In a disclosure to the...
