Cosco Capital, Inc., the listed retail holding firm of Lucio L. Co, reported a 5 percent improvement in consolidated net income to P10.5 billion last year from P10 billion in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its 2021 earnings is also 13 percent better than the...
Ayala Land, Inc. subsidiary AyalaLand Logistics Holdings Corp. (ALLHC) and FLOW Holdings I Philippines Pte. Ltd., the vehicle of FLOW Digital Infrastructure, have signed a framework agreement to develop carrier-neutral data centers across the Philippines. In a disclosure to the Philippine Stock...
Sugar and ethanol producer Roxas Holdings, Inc. (RHI) reported a lower net loss of P496 million in the first quarter of 2022 compared with the net loss of P574 million in the same period last year. “While the Group’s revenues were higher last year, these gains were adversely affected by the...
Robinsons Retail Holdings, Inc. (RRHI) reported a 24.8 percent growth in attributable net income to P1.2 billion in the first quarter of 2022 from P945 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said earnings per share increased at a faster clip...
AREIT, Inc. (AREIT), the first Philippine real estate investment trust, reported a 59 percent jump in net income to P796 million in the first quarter of 2022, excluding fair value change in investment properties. In a disclosure to the Philippine Stock Exchange, the firm said profit growth was...
DAVAO CITY, Davao del Sur--The declarations of support for the UniTeam tandem of presidential candidate Bongbong Marcos and his running mate Davao City Mayor Sara Duterte keep coming mere days before the elections. Vice presidential candidate Davao City Mayor Sara Duterte (Noel Pabalate/ MANILA...
Incumbent Quezon City Mayor Joy Belmonte on Thursday, May 5, thanked the Iglesia ni Cristo (INC) for supporting her re-election bid in the upcoming May 9 elections. “Lubos ko pong ikinagagalak ang karangalan na ako’y muling pagkatiwalaan ng Kapatiran ng Iglesia ni Cristo sa pamumuno ng...
CEBU CITY -- The influential Iglesia ni Cristo (INC) has once again endorsed the reelection bid of Cebu Fifth District Congressman Vincent Franco “Duke” Frasco. The INC has consistently endorsed the candidacy of Frasco. According to Frasco, it will be the sixth election that the INC endorsed...
Senatorial candidate and Sorsogon Governor Francis “Chiz” Escudero on Thursday thanked the influential religious group Iglesia Ni Cristo (INC) for supporting his bid to return to the Senate in the upcoming May 2022 elections. Escudero personally thanked the INC’s leader Eduardo V. Manalo for...
The Securities and Exchange Commission (SEC) has approved the planned initial public offerings (IPO) of VistaREIT, Inc. of up to P9.18 billion and of Raslag Corporation worth up to P700 million. The Commission En Banc has resolved to render effective the registration statements of VistaREIT and...
D&L Industries Inc., the country’s largest green chemicals and food ingredients manufacturer, reported a 12 percent growth in net income for the first quarter of 2022 to P780 million from P695 million in the same period last year despite rising raw material costs. In a media briefing, D&L...
Integrated Micro-Electronics, Inc. (IMI), the tech manufacturing arm of the Ayala Group, incurred a net loss of $2 million in the first quarter of 2022—a reversal from the $2.2 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said revenues...
