MEGAWORLD Corp. recorded a 57% increase in its attributable net income to end the third quarter with P3.2 billion from last year’s P2 billion on the back of a 102% climb in real estate sales.

SAN MIGUEL Food and Beverage, Inc. (SMFB) reported a 68% net income growth to P24.2 billion in the first nine months of 2021, driven by double-digit increases in sales of its business units as well as its cost-management efforts and operational efficiencies.

917VENTURES’ telemedicine provider KonsultaMD expects the high demand for subscription-based telehealth services to continue post-pandemic.

PUREGOLD Price Club, Inc. saw a 13.6% growth in its consolidated net income to P5.73 billion in the January-to-September period, higher than the P5.05 billion logged a year ago even as its sales went down as it kept its costs low.

D&L INDUSTRIES, Inc. said it saw earnings “recover strongly” after its net income in the third quarter and in the first nine months of 2021 surpassed their pre-pandemic levels. 

PHOENIX PETROLEUM Philippines, Inc. posted a net income of P170 million from January to September 2021, a turnaround from its P95-million net loss in the same period last year.

Here’s a quick glance at how PSEi stocks fared on Wednesday, November 10, 2021.

JOLLIBEE FOODS Corp. (JFC) booked an attributable net income of P1.57 billion in the third quarter, a reversal of the P1.58-billion net loss it posted in the same period last year, on the back better earnings from its local operations as a result of its business transformation program, the company said in a disclosure on Tuesday. 

CEBU AIR, Inc., the listed operator of budget carrier Cebu Pacific, saw its attributable net loss widen to P8.2 billion in the third quarter from a loss of P5.54 billion in the same period a year ago, mainly due to the impact of the global health crisis on its operations.

LISTED LBC Express Holdings, Inc. announced on Tuesday that it is injecting an additional investment of up to P2 billion in its wholly-owned subsidiary, LBC Express, Inc., to refinance the latter’s maturing obligations and working capital requirements.

PETRON CORP. booked a P4.99-billion consolidated net income in the first nine months of the year, recovering from its P12.6-billion net loss in the same period in 2020 as its sales improved and as it reduced its costs.

CIRTEK HOLDINGS Philippines Corp. has amended its 70 million preferred class B-2 shares offer by issuing subseries “C” and “B” shares for both the base offer and the oversubscription option, the company said in a disclosure on Tuesday.