After recent declines in earnings, Emperador Inc. ended the first quarter of 2025 on a high note with net income improving by 6.5 percent to ₱1.85 billion as it ramps up its global expansion over the next five years. In a disclosure to the Philippine Stock Exchange, the firm said it is further...
Taipan Lucio Tan’s holding company LT Group, Inc. (LTG) reported its best first-quarter performance since its follow-on public offering in 2013 on the back on higher earnings contributions from its banking, tobacco, beverages and real estate units. In a disclosure to the Philippine Stock...
DMCI Holdings Inc. of the Consunji family reported strong growth in its residential, mining, and water businesses in the first quarter of 2025, but this was offset by its coal, construction, and cement units. In a disclosure to the Philippine Stock Exchange, the firm reported a net income of ₱5.1...
Revlv Solutions Inc., an authorized reseller of SpaceX’s Starlink in the Philippines, is aiming to expand its connectivity reach across the country’s remote areas through the satellite internet provider. Revlv Chief Executive Officer (CEO) Ryan Labrador said his company’s potential to grow is...
AREIT Inc., Ayala Land’s real estate investment trust, aims to grow its Assets Under Management (AUM) to $3 billion soon after a recent infusion from its parent company and sponsor will raise the value of its portfolio to ₱138 billion. “We will see our AUM quintuple to ₱138 billion from IPO...
Consunji-led DMCI Holdings Inc. is cautiously optimistic about the operating performance of the group in the short and medium term based on the bullish prospects of its power, mining, and water. During the firm’s annual stockholders’ meeting, DMCI Chairman Isidro A. Consunji said the...
Rapid clearing of ready-for-occupancy (RFO) residential units and focus on areas outside the National Capital Region has boosted the residential business and overall profitability of Filinvest Land, Inc., the Gotianun Group’s publicly-listed property developer. “Our focus on...
Gokongwei-led Robinsons Retail Holdings, Inc. expects to benefit from higher reciprocal tariffs between the U.S. and its trading partners, as it may eventually lead to oversupply and higher margins for dry goods. “We think the imposition of higher U.S. tariffs on its trading partners could lead...
Ayala-led Globe Telecom Inc. saw its net income expand in the first quarter of the year as its equity stake in Mynt, the holding company of popular e-wallet GCash, continued to pay off even after the dilution of its share. In a regulatory filing published on its website, Globe reported that its net...
Local furniture manufacturers are seeking immediate government intervention to safeguard the industry from the impact of the 17-percent tariffs imposed by the United States on Philippine goods, citing the risk of potential factory closures and job losses. In a position paper addressed to the...
RL Commercial REIT Inc. (RCR), the real estate investment trust of Gokongwei-led Robinsons Land Corporation, is aiming to triple its market capitalization to ₱300 billion from the current ₱100 billion in three years through infusions of RLC’s offices and malls. In a media briefing after the...
Cebu Air Inc., the operator of Gokongwei-led budget carrier Cebu Pacific, reported that its net income declined by 79 percent in the first three months of the year, driven by costs related to its fleet and network expansion. In a disclosure to the Philippine Stock Exchange (PSE), Cebu Air said its...
