DoubleDragon says net income soars 23.3% to P15.93 billion
SIA and Caktiong-led property developer DoubleDragon Corp. (DD) saw a 23.3% increase in its 2023 net income to P15.93 billion, attributed to higher revenue.
The...
Villar-led Vista Land says profit climbs 39% to P10.3 billion
VILLAR-LED property developer Vista Land & Lifescapes, Inc. saw a 39% increase in its net income to P10.3 billion in 2023, led by higher...
Alliance Global’s income reaches P19.6 billion
TAN-LED holding company Alliance Global Group, Inc. (AGI) said it saw a 21% increase in its attributable net profit to P19.6 billion last year,...
GSIS acquires 8.18% stake in Robinsons Land’s REIT
THE government Service Insurance System (GSIS) has acquired an 8.18% stake in the real estate investment trust (REIT) of Gokongwei-led Robinsons Land Corp. (RLC)...
GMA Network’s profit down 42% as ad revenue falls
GMA Network, Inc. saw a decrease in its attributable net income to P3.16 billion last year, mainly due to lower advertising revenue.
The company’s net...
AbaCore says income jumps 20% to P2.4 billion
LISTED holding company AbaCore Capital Holdings, Inc. on Tuesday said its net income improved by 20% to P2.4 billion in 2023 from P2 billion...
MPTC unit offers to buy gov’t stake in Cavitex
CAVITEX Infrastructure Corp. (CIC), a unit of Metro Pacific Tollways Corp. (MPTC), aims to acquire the government’s residual shares in the Manila-Cavite Expressway (Cavitex),...
PSE to delist Abra Mining and Industrial Corp.
THE Philippine Stock Exchange (PSE) announced on Tuesday a decision to initiate the involuntary delisting of Abra Mining and Industrial Corp. after violations were...
ACEN secures $150-M green term loan for projects
AYALA-LED ACEN Corp. has secured a $150-million green term loan from Sumitomo Mitsui Banking Corp. Singapore Branch (SMBC) through its subsidiary ACEN Renewables International.
“This...
Fruitas Holdings net income rises 37% to P113 million
LISTED food and beverage kiosk operator Fruitas Holdings, Inc. recorded a 37% increase in its consolidated net income to P113 million in 2023 from...
PetroEnergy income down 6% to P515 million
PETROENERGY Resources Corp. (PERC) saw a decline of 5.99% in its attributable net income to P515.65 million for 2023, the energy company said on...
Eastern Communications sets P1.15-B capex for 2024
TELECOMMUNICATIONS PROVIDER Eastern Communications earmarked P1.15 billion for its capital expenditure (capex) budget this year to support the company’s growth plans.