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Lopez firm appeals order to pay P1.2 billion in tax case

FIRST Philippine Holdings Corp. (FPH) said on Friday that it intends to ask within the day the Court of Tax Appeals (CTA) to reconsider its decision that granted in part the Lopez-led firm’s petition for review to protest a tax assessment of around P1.5 billion.

FPH sells part of stake in MHE-Demag for P85M

FIRST Philippine Holdings Corp. (FPH) has divested a quarter of its stake in MHE-Demag (P), Inc. to its co-shareholder in Singapore.

FPH okays additional P5-billion allotment for share buyback program

FIRST Philippine Holdings Corp. (FPH) approved on Thursday an additional allotment of P5 billion for its common shares buyback program, the Lopez-led company told the stock exchange yesterday.

FPH allocates P30-B capex this year

FIRST Philippine Holdings, Inc. (FPH) will be spending about P30 billion in capital expenditures (capex) this year mainly to finance its power and property businesses.

Lopez Holdings Q2 earnings surge by 43%

Lopez Holdings Corp. reported a net income of P1.03 billion in the second quarter, higher by 43% compared with year ago's P721-million profit attributable...

Lopez-led FPH sets P22-billion capex for 2018

By Victor V. Saulon, Sub-Editor LOPEZ-LED First Philippine Holdings Corp. (FPH) is setting aside a budget of P22 billion for 2018, with its property development...

First Philippine Holding 2017 recurring profit up 15%

FIRST Philippine Holdings Corp. (FPH) reported on Friday a 15% increase in 2017 net profit on a recurring basis to P6.8 billion, which excludes...