PASIA expanding supply chain platform to address challenges
Manila-based Procurement and Supply Institute of Asia (PASIA) announced on Wednesday the expansion of its business-to-business integrated supply chain platform consisting of end-to end-solutions and services.
NOW Corp. net income rises nearly 58%
LISTED NOW Corp. saw its third-quarter attributable net income climb 57.7% to P7.05 million from P4.47 million in the same period last year, helped by an increase in non-operating income.
AboitizPower remits P714M to communities under DoE program
ABOITIZ Power Corp. has remitted a total of P714 million from January to October this year to the company’s host communities through the Department of Energy’s (DoE) Energy Regulations (ER) 1-94 program.
Vista Land profit up 6% to P2 billion
VISTA Land and Lifescapes, Inc. posted a P2.05 billion net income attributable to the parent equity holder for the third quarter of 2021, higher by 6% from P1.93 billion in the same quarter last year.
How PSEi member stocks performed — November 17, 2021
Here’s a quick glance at how PSEi stocks fared on Wednesday, November 17, 2021.
Filinvest scores 22% profit rise
FILINVEST Development Corp. (FDC) booked a 22% net attributable income growth to P1.98 billion in the third quarter this year from P1.63 billion in the same period last year as most of its segments recovered.
MREIT eyes 4 office properties
MREIT, Inc. is looking to acquire four assets with 55,700 square meters (sq.m.) of gross leasable area (GLA) by December this year, the real estate investment trust (REIT) sponsored by Megaworld Corp. said in a statement on Tuesday.
Globe to scale up data center capacity
GLOBE Telecom, Inc. is hoping to scale up its data center capacity and capture more of the latent demand for data center services in the country.
GMA income down 6%; ABS-CBN trims loss
GMA Network, Inc. on Tuesday reported a 6% decrease in third-quarter attributable net income to P2.34 billion from P2.49 billion in the same period last year, while ABS-CBN Corp. trimmed its attributable net loss to P303.09 million from a loss of P3.33 billion previously.
DITO CME incurs P1.8-B loss; Chelsea cuts loss
DENNIS A. Uy’s DITO CME Holdings Corp. incurred an attributable net loss of P1.81 billion for the third quarter, a reversal of its P14.64-million profit in the same period last year.
Sia’s DoubleDragon reports income decline; REIT, MerryMart records growth
SIA-LED listed firms reported mixed earnings in the third quarter as listed property firm DoubleDragon Properties Corp.’s attributable net income declined, while the real estate investment trust (REIT) firm and listed grocery operator both posted net income growths for the period.
Villar-led Vistamalls registers 64% profit rise to P675M
THE Villars’ Vistamalls, Inc. booked a P675-million attributable net income in the third quarter, jumping 64% from P411 million in the same period last year on the back of higher revenues.