Medilines Distributors Inc. reported a 13 percent improvement in net income for the first nine months of 2022 to P111.93 million from the P99.34 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it registered a 58 percent jump core income...
CEBU CITY — Some personnel of the Philippine Air Force (PAF) are facing indirect contempt charges after they allegedly interfered in the demolition of houses in a controversial 4.6-hectare property in Barangay Apas here. FORMER Caloocan City Rep. Edgar Erice, spokesperson of Mazy’s Capital...
Domestic carsales in the first ten months this year jumped 30.9 percent to 280,300 units from 214,186 units in the same period last year, with Toyota Motor Philippines accounting for half of total industry sales. A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc....
Century Properties Group, Inc. (PSE:CPG) reported a six percent growth in net income to P1.14 billion in the first nine months of 2022 from P1.08 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its performance is in synch with the country’s...
Aboitiz Equity Ventures Inc., the investment arm of the Aboitiz family, is planning to raise up to P20 billion from a proposed bond issue with a base amount of up to P8 billion, with an oversubscription option of up to P12 billion. The issuance will come from the Company’s fourth and final...
AllDay Supermarket (ALLDY), a leading player in the Philippines’ mid-premium supermarket segment, posted a 1.9 percent growth in core net income to P270 million from Jan. to Sept. 2022 from the P265 million posted in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
Vista Land & Lifescapes, Inc., the country’s largest homebuilder and one of the leading integrated property developers, posted a 12 percent improvement in net income to P6.68 billion in the first nine months of 2022 from P5.98 billion in the same period last year. In a disclosure to the...
The Securities and Exchange Commission (SEC) has approved the planned P3.22 billion initial public offering (IPO) of Premiere Island Power REIT Corporation (PREIT), the power and infrastructure REIT platform of Villar-led Prime Asset Ventures, Inc. The SEC said PREIT is a real estate investment...
An international bazaar to be participated by at least 41 countries will be organized at the World Trade Center starting Sunday, Nov. 20. The International Bazaar Foundation, Inc. (IBF) partnered with the Department of Foreign Affairs (DFA), the Diplomatic and Consular Corps of the Philippines, and...
MREIT, Inc. reported a 147 percent surge in attributable net income to P1.99 billion in the first nine months of 2022 from P807 million in the same period last year after it expanded its portfolio. In a disclosure to the Philippine Stock Exchange, the real estate investment trust of Megaworld...
Alliance Global Group Inc. (AGI), the investment arm of tycoon Andrew Tan, reported a slight decline in net income to P17.1 billion in the first nine months of 2022 from the P17.33 billion posted in same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its...
GT Capital Holdings, Inc., the Ty family’s investment arm, posted a 72 percent jump in consolidated net income to P15 billion in the first nine months of 2022 from P8.7 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its core net income...