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Philippines
Monday, September 23, 2024

Jenniffer B. Austria

Cebu Landmasters posted P1.7-b net income in first six months

Cebu Landmasters Inc. (CLI), a leading developer in the Visayas and Mindanao, reported a 24-percent increase in first-half net income to P1.7 billion from...

SEC approves DITO’s P4.2-b follow-on offer

The Securities and Exchange Commission (SEC) said Thursday it approved the P4.2-billion follow-on offering of DITO CME Holdings Corp., a company led by businessman...

Share prices decline ahead of BSP interest rate reduction

Philippine stocks dropped Thursday on last-minute profit-taking while investors were waiting for the Bangko Sentral ng Pilipinas’ (BSP) policy decision. The bellwether Philippine Stock Exchange...

FDC’s income increased 41% in first half

Conglomerate Filinvest Development Corp. (FDC) said Thursday its net income attributable to equity holders of the parent company grew 41 percent to P5.5 billion...

GT Capital logged P13.8-b income in first six months

GT Capital Holdings Inc. (GTCAP), the listed holding company of the Ty family, said Thursday its first-half net income declined 17 percent to P13.8...

Villar’s retail, real estate firms posted strong profits in first half

The retail and real estate firms of billionaire Manuel Villar Jr. posted strong profits in the first half of 2024. Vista Land & Lifescapes Inc....

PCC clears DMCI’s acquisition of Cemex Holdings

DMCI Holdings Inc. said Wednesday the Philippine Competition Commission (PCC) approved its $305.6-million acquisition of Cemex Holdings Philippines Inc. (CHP). DMCI said in a disclosure...

Ayala’s six-month income climbed 21% to P22.3b

Conglomerate Ayala Corp. said Wednesday its first-half net income grew 21 percent to P22.3 billion from a year ago, on the back of stronger...

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