First Gen eyes three more LNG cargoes this year
LOPEZ-LED First Gen Corp. is looking to secure at least three additional liquefied natural gas (LNG) cargoes this year to support the supply requirements...
SPAVI sees better 2025 amid easing inflation
LISTED food service group Shakey’s Pizza Asia Ventures, Inc. (SPAVI) expects 2025 to be a stronger year, as the company remains optimistic about achieving...
Listed media firms poised for Q2 growth on election ads
LISTED media companies are expected to sustain growth in the second quarter, supported by anticipated revenue gains from election-related advertisements, according to analysts.
MPTC ready to resume merger talks with SMC
METRO PACIFIC Tollways Corp. (MPTC) said it is ready to resume merger talks with San Miguel Corp. (SMC) after deferring discussions amid fundraising activities.
“We...
How PSEi member stocks performed — May 16, 2025
Here’s a quick glance at how PSEi stocks fared on Friday, May 16, 2025.
PLDT posts P9.03-B Q1 income, down 8% amid higher expenses
LISTED PLDT Inc.’s attributable net income fell by 8.04% to P9.03 billion for the first quarter (Q1), as higher expenses outpaced modest revenue growth.
Converge Q1 profit rises 18.4% to P3.02 billion
LISTED fiber internet service provider Converge ICT Solutions, Inc.’s first-quarter (Q1) attributable net income rose 18.43% to P3.02 billion, driven by residential business growth.
For...
PSE boosts PDS stake to 91.6%
THE Philippine Stock Exchange, Inc. (PSE) is increasing its stake in Philippine Dealing System Holdings Corp. (PDS) after closing agreements with two banks.
The market...
JG Summit says rebound expected after petrochem shutdown
GOKONGWEI-LED JG Summit Holdings, Inc. expects a rebound after shutting down its loss-making petrochemical business.
“We are confident that the decision to shut down our...
Cebu’s Topline sees 37.7% jump in Q1 net income
CEBU-BASED fuel retailer Top Line Business Development Corp. (Topline) saw its attributable net income climb 37.7% year on year to P37.86 million in the...
Cebu Landmasters Q1 earnings up 2% on strong VisMin sales
LISTED real estate developer Cebu Landmasters, Inc. (CLI) posted a 2% increase in its first-quarter (Q1) attributable net income to P995 million from P978...
Filinvest Q1 profit climbs to P3.6B on strong banking, real estate
GOTIANUN-LED conglomerate Filinvest Development Corp. (FDC) recorded a 25% increase in its first-quarter (Q1) attributable net income to P3.6 billion from P2.9 billion last...