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DBP profits up 4% in first half

Development Bank of the Philippines (DBP) saw its net income rise in the first half of the year supported by robust lending and deposit...

DMCI Power sales up by 20% in second quarter

Sales of DMCI Power Corp. (DPC) rose by a fifth in the second quarter of 2018, driven by the demand for electricity in Palawan,...

Prime Orion earnings almost triple in Q2

Ayala-led Prime Orion Philippines, Inc. (POPI) almost tripled its attributable profit during the second quarter of 2018, lifted by its expansion into the industrial...

LANDBANK books higher net profit in 2nd quarter

LAND BANK of the Philippines (LANDBANK) posted a higher net income in the second quarter of the year propelled by steady growth in its loan portfolio.

LANDBANK posts higher second-quarter profit

Land Bank of the Philippines (LANDBANK) posted higher net income in the second quarter of the year propelled by steady growth in its loan...

Property firms post mixed second-quarter results

Property companies reported mixed performances in the second quarter of 2018, depending on the real estate sales and rental income each firm posted for...

DM Consunji first-half net income up 36%

The construction arm of DMCI Holdings, Inc. grew its net income by 36% in the first six months of 2018, fueled by its building...

UCPB net income flat in first half

United Coconut Planters Bank (UCPB) saw its net income flat in the first half of the year as its operating income growth was tempered...

BSP’s first-half profit surges nearly five times

The Bangko Sentral ng Pilipinas (BSP) saw its bottom line surge during the first semester, boosted by sizable gains from currency trading at a...

Lopez Holdings Q2 earnings surge by 43%

Lopez Holdings Corp. reported a net income of P1.03 billion in the second quarter, higher by 43% compared with year ago's P721-million profit attributable...

EastWest posts lower first-half profit

East West Banking Corp. (EastWest Bank) saw its net income decline in the first half of the year following the suspension of the public...

Vista Land raises 2018 growth target after first-half results

Vista Land & Lifescapes, Inc. (VLL) is hiking its profit growth target to 15-17% for full year 2018, driven by stronger sales in its...

Ayala Corp’s second-quarter earnings up by 3%

Ayala Corp. (AC) delivered a three percent profit increase in the second quarter of 2018, as its banking unit offset the stronger performance of...

Cebu Landmasters books higher first-half earnings

Earnings of Cebu Landmasters, Inc. (CLI) jumped by a third during the first six months of 2018, lifted by higher sales from its residential...

Supermarket operators report mixed results in first half

Supermarket operators reported mixed results for the first half of 2018, while posting higher same store sales growth (SSSG) for the period. In a statement...

Pilipinas Shell reports higher profit in first half

Pilipinas Shell Petroleum Corp. said on Monday, Aug. 13, that it recorded a 30% increase in its first-half net income, which it attributed in...

EDC’s first-half net income down by 21%

Energy Development Corp. (EDC) reported a first-half profit of P4.1 billion, down 21% from last year's P5.2 billion recurring net income attributable to equity...

JG Summit’s second-quarter profit down, revenues up

JG Summit Holdings, Inc.’s attributable profit dropped by a third in the second quarter of 2018, as the weaker peso, higher fuel prices, as...

Wilcon Depot earnings up 20% in first half

Earnings of Wilcon Depot, Inc. went up by a fifth in the first six months of 2018, fueled by higher sales from existing stores...

Alliance Global’s first-half profit rises 17%

Alliance Global Group, Inc. grew its attributable profit by 17% in the first half of 2018, driven by the double-digit growth across its property,...

SMC posts 29% growth in recurring net income

Diversified conglomerate San Miguel Corp. (SMC) grew its recurring profit by 29% in the first six months of 2018, following higher volumes and favorable...

CIC profit rises 14% in second quarter

Concepcion Industrial Corp. (CIC) posted a 14% growth in its attributable profit during the second quarter of 2018. In a regulatory filing, the listed maker...

SM Investments earnings up in H1

SM Investments Corp. (SM) reported a nine percent increase in earnings during the first six months of 2018, boosted by the double digit growth...

D&L books higher recurring profit in second quarter

D&L Industries, Inc. (DNL) expanded its recurring income by 14% to P784 million in the three months ending June, driven by higher volumes for...

PSBank net profit climbs in first half

Philippine Savings Bank (PSBank) reported higher net income in the the first half of the year on the back of strong net interest income...

AUB reports higher net profit in first half

Asia United Bank (AUB) saw higher net profit in the first half of the year supported by double-digit growth in its core businesses. In a...

SMFB net income jumps in first half

The newly-consolidated food and beverage arm of diversified conglomerate San Miguel Corp. (SMC) saw its earnings jump by a fifth in the first six...

Robinsons Land books Q2 profit growth

Robinsons Land Corp. (RLC) delivered a 16% increase in attributable profit during the second quarter of 2018, driven by the performance of its residential,...

Bloomberry posts lower Q2 net income

Earnings of Bloomberry Resorts Corp slumped by 17% in the second quarter of 2018, as the company incurred losses from its operations in South...

Max’s earnings up by 34% in second quarter

Max’s Group, Inc. (MGI)’s net income expanded by 34% in the second quarter of the year, as the company implemented operational efficiency initiatives to...

Megaworld nets higher profit in second quarter

Megaworld Corp. grew its attributable profit by 14% in the second quarter of 2018, driven by its residential, office, and mall properties alongside the...

Phoenix Petroleum second-quarter profit surges 62%

Phoenix Petroleum Philippines, Inc. reported a net income of P531.11 million in the second quarter, higher by 62% compared with the P327.77 million posted...

Higher revenues boost Chelsea Logistics’ first-half profit

Chelsea Logistics Holdings Corp. (CLC) booked higher earnings in the first half of this year driven by a surge in revenues. In a disclosure to...

Nickel Asia’s net income inches up in first half

Nickel Asia Corp. (NAC) reported a 2.18% increase in attributable net income for the first half of 2018 to P1.57 billion, due to rising...

Petron earnings up by 16% in first half

Petron Corp. net income rose in the first half as sales volumes in its local and Malaysian markets were sustained while prices of petroleum...

Shakey’s H1 earnings up by 7%

Shakey’s Pizza Asia Ventures, Inc. (SPAVI) grew its earnings by seven percent in the first six months of 2018, as higher prices of raw materials tempered the double-digit increase in sales.

Security Bank profit down in first half

Security Bank Corp. booked lower net income in the first half of the year on the back of lower trading gains and increase in provision for income tax.

GERI earnings up 18% in first half

Global-Estate Resorts, Inc. (GERI) posted an 18% attributable profit growth during the first six months of 2018, driven by a surge in rental revenues...

Apex Mining posts higher net income, revenues in H1

Apex Mining Co., Inc. said its attributable earnings in the first half of the year grew by 14% year on year due to higher...

PNB earnings surge in January-June period

Philippine National Bank (PNB) saw its net profit higher in the first half of the year brought about by growth in its total operating...

Philippine Business Bank posts higher first-half net profit

Philippine Business Bank (PBB) logged higher net income in the first half of the year from the previous semester as it saw sustained strong...

SM Prime profit up by 16% in first half

The property firm of country’s richest man Henry Sy, Sr. reported a 16% profit growth for the first six months of 2018, driven by...

Emperador posts higher profit, revenues in first half

Emperador, Inc. grew its attributable profit by 18% during the first six months of 2018, as higher sales in Asia and North America offset...

BDO Leasing posts lower net profit in first half

BDO Leasing and Finance, Inc. (BDO Leasing) saw a decline in its net income in the first half of the year on the back...

Century Pacific’s second-quarter profit up by 9%

Century Pacific Food, Inc. (CNPF) delivered a nine percent increase in earnings for the second quarter of 2018, driven by the double-digit growth in...