Just in time for a recovery in metal prices, MacroAsia Mining Corp. (MMC), a wholly owned subsidiary of Lucio Tan Group’s (LTG) MacroAsia Corp. (MAC), has received regulatory approval for the revival of its nickel mine in Palawan province. In a disclosure to the Philippine Stock Exchange (PSE),...
Lucio Tan Group’s (LTG) MacroAsia Corp. (MAC) reported that its majority-owned subsidiary, MacroAsia Airport Services Corp. (MASCORP), is investing ₱400 million to build a new six-story headquarters dedicated to its aviation services operations. Once operational, the facility will enhance...
MacroAsia Corp., the Lucio Tan Group’s (LTG) aviation and water arm, expects to sustain its 10-percent profit growth in the first nine months of the year as it enters the peak holiday travel season. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it is entering the fourth...
The Lucio Tan Group’s MacroAsia Corp. has started the construction of the ₱2-billion New Earth Iloilo Water Supply Project, which will augment Iloilo’s potable water supply and address the rising requirements of expanding communities and industries in the province. The project is being...
The Lucio Tan Group’s MacroAsia Corporation (MAC), a leading provider of aviation support and food services, is expanding its catering business to the Visayas through a joint venture with a Cebu-based company. In a disclosure to the Philippine Stock Exchange, MacroAsia stated that it has been...
The Lucio Tan Group’s MacroAsia Corp., a leading provider of aviation support services, reported a 15 percent growth in consolidated net income to ₱771.10 million in the first half of 2025 from ₱669.78 million excluding one-off revenue items in the same period last year. The firm disclosed to...
The Lucio Tan (LT) Group’s aviation services unit MacroAsia Corp. (MAC), through catering subsidiary MacroAsia SATS Food Industries Corp. (MSFI), is investing ₱1.2 billion to double the capacity of its cold storage and commissary to 90,000 meals. In a disclosure to the Philippine Stock Exchange...
MacroAsia Corp., a member of the Lucio Tan group of companies, has signed a ₱1.41-billion financing agreement for its seawater desalination plant project in Lapu-Lapu City. In a disclosure to the Philippine Stock Exchange, the firm said the loan agreement was formally executed by representatives...
MacroAsia Corporation (MAC), taipan Lucio Tan’s aviation services unit, expects to exceed last year’s record revenue and strong profit growth as the aviation industry continues to recover from the pandemic while enjoying the revenge travel tailwind. The firm posted a 28 percent increase in...
MacroAsia Corporation reported a 61 percent increase in net income for the first nine months of the year, rising to P1.2 billion from P746 million during the same period last year, driven by higher revenues across its various business segments. Consolidated revenues were higher by 28 percent to...
MacroAsia Corporation, the Lucio Tan group’s aviation services unit, reported that its consolidated net income soared 122 percent to P849.10 million in the first half of the year as the travel market normalized. In a disclosure to the Philippine Stock Exchange, the firm said this...
MacroAsia Corporation, taipan Lucio Tan’s airline services firm, reported that its consolidated net income soared 72 percent to P337 million in the first quarter or 2024 compared to P196 million in the comparable period last year as the industry continues to benefit from revenge travel. In a...
