Jollibee cuts through headwinds as Q1 net income drops
Jollibee Foods Corp. (JFC) is reassessing its expansion and spending plans after first-quarter net income plunged nearly 39 percent, as surging input costs…
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Jollibee Foods Corp. (JFC) is reassessing its expansion and spending plans after first-quarter net income plunged nearly 39 percent, as surging input costs…
· 1 min read
Globe Telecom Inc.’s first-quarter net income fell 20 percent year-on-year to P5.6 billion from P7 billion, due to higher net interest expenses and the absence…
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Despite the uncertain global environment, the company will continue placing long-term investments while cushioning the impact of volatility through tighter…
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Buoyed by soaring gold prices, OceanaGold (Philippines) Inc. saw first-quarter net income jump almost fivefold to $34.7 million as its Didipio mine delivered…
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First Gen Corp. (FGEN) saw its attributable net income slump 24 percent in the first quarter to P3.6 billion from P4.8 billion a year ago, as the Lopez-led…
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D&L Industries Inc. has weathered the volatility caused by the Middle East conflict to post higher first-quarter earnings, buoyed by stronger demand for…
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Petron Corp.’s first-quarter net income fell 56 percent to P1.8 billion from P4 billion a year earlier, dragged by refinery disruptions and a sharp surge in…
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Fintech platform MoneyHero reported its first profitable quarter since listing, driven by cost reductions, higher-margin products, and increased use of…
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Metropolitan Bank & Trust Company (Metrobank) reported a net income of P12.6 billion in the first quarter of 2026, supported by steady asset expansion,…
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International Container Terminal Services Inc. (ICTSI) reported a 23 percent jump in first-quarter net income, driven by contributions from new terminals and…
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LG Electronics posted record first-quarter revenue of KRW 23.73 trillion in 2026, up 4.3 percent year-on-year, as strong demand for home appliances and vehicle…
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‘We are carrying over strong momentum, building on the actions we took in 2025 to strengthen our balance sheet and lay the foundation for sustainable growth.’
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A beer-to-infrastructure tycoon had threatened to sell the crown jewel of his sprawling empire. The message was artfully vague: strategic review, portfolio…
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Aboitiz Equity Ventures Inc. (AEV) said it is strengthening its portfolio to deliver long-term shareholder value, reporting a 14 percent increase in…
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Filinvest Land Inc. reported steady earnings growth in 2025 and reaffirmed a strategy centered on balanced expansion and recurring income, as it navigates a…
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The country’s largest bank reported P20.1 billion in net income for the first quarter, up 2 percent from P19.7 billion a year earlier, as core businesses…
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DoubleDragon Corp.’s hospitality arm is planning a $300 million capital raise in the United States to scale its Hotel101 brand worldwide and shift further…
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Riding on strong housing demand, Century Properties Group Inc. (CPG) grew its net income by 14 percent to P2.77 billion amid the resilience of the residential…
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