Cemex Holdings Philippines Inc. (CHP) has raised about P177 million ($3.01 million) from the sale of its wholly-owned, Barbados-registered reinsurance company to an affiliate of Cemex, S.A.B. de C.V. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it has signed a Share...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Andrew Tan, reported an almost flat net income of P20.05 billion during the first nine months of the year versus P20.14 billion in the same period of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
SM Prime Holdings, one of Southeast Asia's largest integrated property developers, is consolidating its residential business under the SM Residences brand, which will venture into both the luxury and low-cost housing markets. In a disclosure to the Philippine Stock Exchange (PSE), SM Prime...
Max’s Group, Inc. (MGI), the Philippines’ largest casual dining restaurant group, reported a 41 percent drop in net income to P186 million in the first nine months of the year from P314 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this is...
Filinvest Land, Inc., the publicly listed property developer of the Gotianun Group, reported an eight percent year-on-year increase in consolidated attributable net income, reaching P2.65 billion in the first nine months of 2024. In a disclosure to the Philippine Stock Exchange, the company...
Century Properties Group Inc. (CPG) reported a 38 percent jump in consolidated net income to P1.8 billion in the first nine months of 2024 from P1.3 billion in the same period last year, putting it on track to meet its full-year financial targets. In a disclosure to the Philippine Stock Exchange,...
Razon-led Manila Water Co. reported a 39 percent growth in its net income for the first nine months of this year. In a disclosure to the Philippine Stock Exchange on Thursday, Nov. 24, Manila Water said its net income jumped from P7 billion last year to around P10 billion by the end of September...
Suzuki Philippines is excited to announce the soft opening of the Suzuki Auto Otis dealership, further expanding its dealer network in the heart of Manila. Suzuki Auto Otis is located at 1502, 1007 Paz Mendoza Guanzon Street in Paco, Manila, and is owned and managed by NXT Mile Motor, Inc. The...
GT Capital Holdings Inc., the investment arm of the Ty family, reported a six percent dip in consolidated net income to P21.7 billion for the first nine months of 2024 from P23.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said that,...
AREIT Inc. (AREIT), the Ayala Group’s real estate investment trust, reported a 46 percent jump in net income to P5 billion, excluding the net fair value change in investment properties, for the first nine months of 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it...
Uy-led Converge Information and Communications Technology Solutions Inc. reported a 29-percent jump in net income in the first nine months of the year to P8.2 billion from the P6.4 billion registered in the same period last year on the back of a strong performance in all its businesses. In a...
JG Summit Holdings Inc. (JGS), the Gokongwei Group’s diversified conglomerate, posted a 16 percent year-on-year (YoY) improvement in net income to P17.9 billion for the first nine months of 2024. The firm said in a disclosure to the Philippine Stock Exchange (PSE) that higher earnings came on the...
