SFA Semicon Philippines Corp. (SSP) reported that its first-quarter net income attributable to parent equity holders went down by 20.2% to $3.19 million from $4 million despite higher revenues.

THE Court of Tax Appeals (CTA) has granted the appeal of Basic Housing Solutions, Inc. to cancel and set aside its income tax liabilities for the year 2014 worth P21.41 million inclusive of interest.

MANILA Water Co., Inc. has renewed its call to its customers to avail of the water concessionaire’s desludging services to prevent the clogging of septic vaults.

INVESTORS have become optimistic about Jollibee Foods Corp. (JFC) after its top official told shareholders about the company’s strong business rebound as its operating income last year neared pre-pandemic levels.

Here’s a quick glance at how PSEi stocks fared on Friday, July 1, 2022.

SHARES in Balai Ni Fruitas, Inc. ended lower by 7.14% or five centavos to P0.65 on market debut on Thursday, with analysts blaming inflation and rising commodity prices for the stock’s fate.

NATIONAL Grid Corp. of the Philippines (NGCP) said on Thursday that it is “significantly closer” to interconnecting the electricity grids in Mindanao and the Visayas after it completed key components of the project, including facilities in areas where they will link.

DOUBLEDRAGON Corp. said on Thursday that its subsidiaries DDPC Worldwide Pte. Ltd. and Hotel101 Worldwide Private Ltd. secured the purchase of a lot in Japan for the development of its first international Hotel101 branch.

CEBU Landmasters, Inc. (CLI) said on Thursday that it had applied with the Securities and Exchange Commission (SEC) for the shelf registration of up to P15 billion in fixed-rate bonds.

SOUTH Korean low-cost airline Fly Gangwon announced on Thursday that it resumed its operations at the Clark International Airport, indicating confidence in the market for air travel between the Philippines and South Korea.

LISTED fiber internet provider Converge ICT Solutions, Inc. announced on Thursday that it recently opened its regional headquarters in Bicol as part of its goal to cover more than half of the addressable households in the region by the end of 2022.

SFA Semicon Philippines Corp. (SSP) on Thursday announced that it approved the implementation of a share buyback program of up to P130 million or nearly $2.5 million worth of common shares.