Vitarich earns P181 million
VITARICH Corp. recorded a P180.5-million net income in the nine months to September, carried by higher revenues.
Max’s cuts losses by 58%
MAX’S Group, Inc. (MGI) incurred a P157.25-million net attributable loss in the third quarter, narrowing the P377.48-million loss logged in the same period last year as system-wide sales improved by 28% year on year.
First Gen nets P10B on higher electricity sales
LOPEZ-LED First Gen Corp.’s recurring net income attributable to equity holders rose by 11% as of September this year to P10.3 billion largely from the operations of its renewable energy portfolio.
Axelum income up 44.5% as sales rise
AXELUM Resources Corp. recorded a 44.5% increase in its net income for the third quarter to P260.27 million as a result of higher net sales.
Holcim Philippines records 9% income rise
HOLCIM Philippines, Inc. recorded a 9% increase in its net attributable income to P669.56 million for the quarter ending September, higher than the P613.7 million recorded last year despite lower net sales.
PetroEnergy income more than doubles
PETROENERGY Resources Corp.’s net income attributed to equity holders soared by 115% to P89 million in the third quarter of 2021 from P41 million in the same quarter last year.
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).