How PSEi member stocks performed — October 26, 2022
Here’s a quick glance at how PSEi stocks fared on Wednesday, October 26, 2022.
Wilcon net profit jumps nearly 78% to P1.1 billion as sales rise
CONSTRUCTION supplies retailer Wilcon Depot, Inc. had a 77.5% jump in its third-quarter income to P1.1 billion after booking higher sales and improved gross profit margin.
MacroAsia expects swing to profitability this year
MACROASIA Corp. expects to turn a profit this year due to improved travel movements, its top official said.
SC stops Iligan from taking National Steel plant assets
THE Supreme Court (SC) has ordered the Iligan City government to stop its control and ownership over National Steel Corp.’s plant assets and land.
ACEN board clears power supply deal with Dinginin plant
ACEN Corp. said on Tuesday that its board approved the execution of an agreement with GNPower Dinginin Ltd. Co. for the supply of 43 megawatts (MW) of capacity.
Globe plans 235 cell sites in BARMM; Converge expands fiber footprint
GLOBE TELECOM, Inc. on Tuesday said it targets to install 235 new cell sites in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) by the end of 2022.
SM Investments appoints first group diversity officer
SY-LED SM Investments Corp. appointed its first group diversity officer as part of its goals of advancing gender equality and inclusion within its businesses.
BHI Holdings’ profit down 49%
LISTED holding firm BHI Holdings, Inc.’s attributable net income declined by 49.2% to P210,794 in the third quarter after posting higher expenses on flat revenue.
SL Agritech names next generation of officials
AGRICULTURAL firm SL Agritech Corp. introduced its next generation of officials as part of efforts to help the Philippines achieve rice self-sufficiency.
How PSEi member stocks performed — October 25, 2022
Here’s a quick glance at how PSEi stocks fared on Tuesday, October 25, 2022.
PLDT to build $75-M subsea cable link within Asia
PLDT, Inc. will start the construction of the $75-million Philippine link of Asia Direct Cable (ADC) in Batangas as part of a plan to expand its international cable network.
PSE sanctions 10 firms for breaking disclosure rules
THE Philippine Stock Exchange, Inc. (PSE) imposed sanctions on 10 listed companies for their failure to comply with Sections 7 and 17 of Article VII of Consolidated Listing and Disclosure Rules.