DMW posts 4% income growth to P1B

D.M. Wenceslao (DMW) Associates, Inc.’s core net income for the nine-month period grew 4% to P1.04 billion from last year’s P1 billion, the listed company said in a disclosure to the exchange on Monday.

SPC Power profit up 51% on higher power sales

SPC Power Corp.’s net income attributable to the parent equity holder climbed by 51% to P567.02 million in the third quarter of 2021 from P375.47 million in the same period last year.

Roxas and Co. swings to P22.5-M profit

ROXAS and Co., Inc. (RCI) reported a net income attributable to the parent equity holder of P22.54 million in the third quarter of 2021, a turnaround from its P841.05-million loss in the same quarter last year.

How PSEi member stocks performed — November 15, 2021

Here’s a quick glance at how PSEi stocks fared on Monday, November 15, 2021.

Price, valuation seen key as SPNEC secures nod on IPO

INTEREST in firms with environmentally relevant initiatives will draw investors to the P2.7-billion initial public offering (IPO) of Solar Philippines Nueva Ecija Corp., (SPNEC) but its final price and valuation will be more closely watched, analysts said.

US court expected to decide on PAL reorganization plan next month

THE United States Bankruptcy Court for the Southern District of New York is expected to decide next month on either to approve or reject the reorganization plan of flag carrier Philippine Airlines, Inc. (PAL).

PLDT expects ‘big growth’ in 2022

PLDT, Inc. on Sunday said it anticipates “big growth” in the coming year, as it expects to surpass its one million new fiber customers target for this year.

Globe aims to launch more potential unicorns

GLOBE Telecom, Inc. said the success of GCash operator Globe Fintech Innovations, Inc.’s (Mynt) latest funding round motivates the company to launch more potential unicorns in the near future.

Megawide cuts net loss as projects’ operations normalize

MEGAWIDE Construction Corp. managed to cut its attributable net loss to P218.91 million for the third quarter from a loss of P321.16 million in the same period last year, as operations of ongoing projects started to normalize and continued to ramp up due to the start of newly awarded projects.

7-Eleven operator trims losses as sales improve

LISTED convenience store operator Philippine Seven Corp. narrowed its net loss by 7.4% in the quarter ending September to P181.1 million from P195.6 million on the back of an improvement in sales.

Villar’s AllHome, AllDay post profit growth

VILLAR-LED listed companies AllHome Corp. and AllDay Marts, Inc. recorded income growth as of September this year, the two firms said in separate e-mailed statements.

Ayala Land, BPI Foundation, Bayan Academy join hands to empower social enterprises

AYALA Corp. Chairman Jaime Augusto Zobel de Ayala leads the inauguration of an Alagang AyalaLand Center for social enterprises at TriNoma in Quezon City.