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Saturday, May 4, 2024

Corporate

URC’s first-quarter profit climbed 21% on forex gains, sales growth

Food manufacturer Universal Robina Corp. (URC) saw its net income attributable to equity holders of the parent company increase 21.3 percent to P4.14 billion in the first quarter of 2024 from P3.41 billion in the same period last year on the back of a steady growth in sales and higher foreign exchange gains. URC said in a financial report filed with the Philippine Stock Exchange its consolidated sales of goods...

DMCI eyes Cemex recovery in 2025 despite low demand

Consunji-led conglomerate DMCI Holdings, Inc. said Tuesday it expects Cemex Holdings Philippines...

Haus Talk’s income rises 23% to P242m on new projects

Real estate development firm Haus Talk, Inc. said Tuesday its net income...

Ayala, New Zealand agency explore business opportunities

Conglomerate Ayala Corp. said Tuesday it signed a cooperation arrangement with New...

LATEST Corporate

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Great Transformation into the New Aboitiz

Aboitiz Group leaders are taking on the responsibility of bringing the team forward into a modern and transformative future. Focusing on “high-potential growth initiatives,”...

Nepomuceno’s Raslag eyes P805m from IPO

Raslag Corp., a renewable energy company owned by the Nepomuceno family of Pampanga province, plans to raise up to P805 million from an initial...

SEC approves P3.5-b IPO of SMC’s Bank Commerce

The Securities and Exchange Commission said Wednesday it approved the P3.5-billion initial public offering of by Bank of Commerce and the P60-billion bond shelf...

Jollibee opening 2 Scotland stores in the first quarter

Restaurant chain operator Jollibee Foods Corp. said Wednesday it will open its first two stores in Scotland in the first quarter. Jollibee said in a...

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