Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, expects to match its pre-pandemic (2018) operating income this year as it reported a 168 percent surge in attributable net income to P7.24 billion in the first nine months of the year. In a disclosure to the...
Robinsons Land Corporation (RLC), a leading real estate company in the Philippines, improved its attributable net income by six percent to P6.74 billion in the first nine months of the year as earnings in the third quarter soared. In a disclosure to the Philippine Stock Exchange, the firm said...
SM Investments Corporation, one of the country’s top conglomerates, reported that its consolidated net income leaped 50 percent to P42.9 billion in the first nine months of 2022 from P28.6 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its...
Stocks ease before US midterm elections The PSEi took a breather after posting strong gains in the last two sessions as investors took profit before the US midterm elections and the release of Philippine GDP figures. The main index shed 6.48 points or 0.10 percent to close at 6,289.10 as the Mining...
Bloomberry Resorts Corporation, owner and operator of Solaire Resort & Casino and Jeju Sun Hotel & Casino, reported a consolidated net profit of P4.0 billion for the first nine months this year, a reversal from the net loss of P3.0 billion in the same period last year. “Against a global...
Solar Philippines Nueva Ecija Corporation’s change in its corporate name to SP New Energy Corporation (SPNEC) has started to be reflected on the systems of the Philippine Stock Exchange (PSE) on November 8, 2022. In a statement, the firm said this change reflects the company’s expansion from a...
San Miguel Equity Investments Inc. (SMEII), a wholly-owned subsidiary or San Miguel Corporation has started the P12.66 billion tender offer for shares amounting to 11.5 percent of Eagle Cement Corporation held by minority stockholders. In a disclosure to the Philippine Stock Exchange, Eagle Cement...
San Miguel Brewery Inc. (SMB), the flagship beer business of San Miguel Corporation, posted a 15 percent growth in net income to P16.2 billion from the P14.1 billion earned in the same period last year. In a statement, SMC said SMB registered higher revenues, volumes, and profits versus last year...
San Miguel Corporation can now push through with its P97.5 billion acquisition of 88.5 percent of Eagle Cement Corporation after the Philippine Competition Commission (PCC) has ruled that its approval is no longer required for the transaction. In a disclosure to the Philippine Stock Exchange, SMC...
Diversified conglomerate San Miguel Corporation reported that its subsidiary SMC Global Power Holdings Corp. is planning to buy back $400 million worth of its US Dollar-denominated senior perpetual capital Securities through a tender offer. In a disclosure to the Philippine Stock Exchange, SMC said...
Ayala Land Inc. and Security Bank Corporation announced the declaration of cash dividends while Ayala Corporation’s property dividend has finally been approved by the Securities and Exchange Commission. In a disclosure to the Philippine Stock Exchange, ALI said its Board of Directors. approved...
San Miguel Corporation (SMC) has opened a women’s health clinic in Tondo to provide specialized healthcare for women from nearby poor communities. In a statement, the conglomerate said the clinic aims to reduce the risk of breast and cervical cancer — two of the most common diseases among...
