Romeo Jalosjos Jr., the president and chief executive officer (CEO) of the Television and Production Exponents Inc. (TAPE), said he will file a motion for reconsideration to reverse the ruling of the Supreme Court on his reelection as representative of the first district of Zamboanga del...
The president and chief executive officer (CEO) of the Television and Production Exponents Inc. (TAPE) welcomed the renewal of the trademark registration of the name “Eat Bulaga” in favor of the company. The Bureau of Trademarks under the Intellectual Property Office of the Philippines...
The Tantoco family’s SSI Group continues to benefit from post-pandemic revenge shopping at its upscale stores resulting in net income more than doubling to P1 billion in the first half of 2023 from P491.4 million in the same period last year. The firm disclosed to the Philippine Stock Exchange...
The Po family’s restaurant group Shakey’s Pizza Asia Ventures Inc. (PIZZA) almost doubled its profits to P489 million during the first half of the year from P250 million in the same period of 2022 as Filipinos dined out more often to celebrate special occasions. In a disclosure to the...
Aboitiz Power Corporation, via its subsidiary Aboitiz Renewables Inc. (ARI), is lining up the construction of two solar power projects that will add up 383.7-megawatt aggregate capacity to its renewable energy (RE) portfolio. The projects taking off from the company’s drawing board will be the...
With consumers returning to brick-and-mortar stores to shop for their grocery needs, the Villar Group’s mid-premium supermarket chain AllDay Supermarket reported that its net income surged to P172 million in the first half of 2023 from P12 million in the same period last year. In a disclosure to...
The Gotianun family’s investment arm Filinvest Development Corporation (FDC) and property development unit Filinvest Land Inc. posted higher earnings for the first half of 2023. In a disclosure to the Philippine Stock Exchange, FDC reported a 77 percent jump in attributable net income to P3.9...
Driven by its bank and automotive units, GT Capital Holdings Inc., the Ty family’s investment arm, doubled its net earnings in the first half of the year to P16.58 billion from P8.3 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said core net...
D.M. Wenceslao and Associates Inc. (DMW) reported a 31.5 percent drop in net income for the first half of 2023 to P913 million from the P1.33 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it saw a substantial increase in residential...
AREIT Inc. (AREIT), the Ayala Group’s real estate investment trust, reported a 27 percent growth in recurring net income to P2.04 billion in the first half of the year, excluding the net fair value change in investment properties. In a disclosure to the Philippine Stock Exchange, the firm said it...
Tycoon Andrew Tan-led Alliance Global Group Inc. (AGI) surpassed its pre-pandemic performance with net income rising 19 percent to P14.2 billion in the first six months of 2023 from its year ago level of P12 billion. In a disclosure to the Philippine Stock Exchange, the firm said this was achieved...
Vista Land & Lifescapes Inc., one of the country’s leading integrated property developers and the largest homebuilder, reported an 83 percent surge in net income to P5.8 billion for the first semester of 2023 from the P3.18 billion earned in the same period last year. In a disclosure to the...