Power, banking drive AEV’s 63% H1 profit surge
Aboitiz Equity Ventures Inc. (AEV) posted a 63-percent jump in first-half net income, driven by stronger earnings from its power and banking businesses as the…
· 2 MIN READ
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Aboitiz Equity Ventures Inc. (AEV) posted a 63-percent jump in first-half net income, driven by stronger earnings from its power and banking businesses as the…
· 2 MIN READ
The country’s largest bank sustained strong operating momentum during the first six months of the year, with its loan portfolio expanding 15 percent to P3.9…
· 2 MIN READ
Philippine National Bank (PNB) reported a 17 percent increase in net income for the first half of 2026 to P14.6 billion, up from P12.5 billion a year earlier,…
· 2 MIN READ
Total revenues rose 12.4 percent to P104 billion, supported by sustained growth across the bank’s core businesses. Net interest income increased 12.5 percent,…
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Jollibee Group’s largest production facility in the Visayas-Mindanao region is now powered by 99 percent renewable energy to boost operational resilience and…
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The prime property developer’s consolidated revenues rose 4 percent to P20.9 billion from P20.1 billion in 2024, with residential developments continuing to…
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Mining revenues increased 13.7 percent to P8.631 billion as stronger nickel ore prices offset lower shipment volumes caused by prolonged rainfall.
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Metropolitan Bank & Trust Company (Metrobank) has appointed former Sun Life Philippines president and country head Benedict Sison as an independent…
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Emperador Inc. delivered resilient first-quarter earnings as steady demand for whisky and brandy helped offset rising geopolitical and economic uncertainty…
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The Jollibee Group has been included in TIME magazine’s 100 Most Influential Companies of 2026, marking another milestone in the Philippine-based restaurant…
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The weakness in spending and sales growth may be reflective of demand becoming more sensitive (or elastic) to price increases.
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January to March revenues reached P1.14 billion, with electricity sales contributing 85 percent of the total, while EBITDA jumped 53 percent to P593 million…
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The local bourse operator said operating revenues in Q1 rose 18.5 percent to P746.81 million from P645.49 million as both the Philippine Stock Exchange and the…
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Cebu Landmasters Inc. (CLI) posted a consolidated net income of P1 billion in the first quarter of the year as sustained housing demand across the Visayas and…
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Despite a 20 percent decline in gold sold in Q1, Apex Mining’s net income climbed to P2.82 billion in the first quarter, from P1.45 billion a year earlier, or…
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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…
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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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