Investors scoop up Monde Nissin shares on MSCI inclusion, better Q3 earnings

MONDE Nissin Corp. ended last week as the most actively traded stock after investor sentiment was spurred by improvements in its recent earnings report and its inclusion in the latest Morgan Stanley Capital International’s (MSCI) index rebalancing.

How PSEi member stocks performed — November 12, 2021

Here’s a quick glance at how PSEi stocks fared on Friday, November 12, 2021.

Ayala Logistics to acquire 60% stake in Air21 Group

Ayala Logistics Holdings Corp. (AC Logistics) is acquiring a 60% stake in Air 21 Holdings, Inc. (AHI), a company owned by former Customs chief...

Ayala Corp. nets P9 billion in Q3

Ayala Corp. booked a third-quarter net income of P9 billion, which got a boost from the divestment of thermal assets and Ayala Healthcare Holdings,...

LT Group books P6B profit in 3rd quarter

LT Group, Inc. (LTG) saw its third quarter attributable net income improve by 2.3% to P6.22 billion year-on-year, despite a dip in revenues. In a...

JG Summit swings to loss in Q3

JG Summit Holdings, Inc. slumped back into the red in the third quarter, as its businesses were affected by the reimposed strict lockdowns and...

CLI on track to exceed earnings growth target

Cebu Landmasters, Inc. (CLI) posted an attributable income of P535.96 million in the third quarter, bringing the nine-month figure to P1.85 billion.  In a statement, CLI said its nine-month net attributable income has already surpassed its full-year income of P1.845...

Despite lockdown, Pilipinas Shell returns to profit in Q3

Pilipinas Shell Petroleum Corp. returned to profitability in the third quarter as sales rose despite the stringent lockdown in August. In a disclosure, Pilipinas Shell...

Global Ferronickel profit slips 10% in third quarter

GLOBAL Ferronickel Holdings, Inc. (FNI) posted a P1.22-billion attributable net income in the third quarter, 10.5% lower year-on-year as revenues dropped. The listed mining firm...

Converge income rises as pandemic boosts demand

By Arjay L. Balinbin, Senior Reporter CONVERGE ICT Solutions, Inc. on Thursday said its attributable net income for the third quarter surged to P1.95 billion...

SMC net income rises to P34.2B

SAN MIGUEL Corp. (SMC) on Thursday said its consolidated net income for the first nine months of the year surged 218% to P34.2 billion...

Shakey’s cuts net loss to P49.28 million in Q3 on better system-wide sales

SHAKEY’S PIZZA Asia Ventures, Inc. saw its net loss narrow by 71% to P49.28 million in the third quarter from P171.95 million last year...