Friday, May 15, 2026
Today's Print

Tag: net loss

Cathay Pacific reduced first-half loss to US$637m

HONG KONG, China—Hong Kong carrier Cathay Pacific on Wednesday reported losses had narrowed in the first half after an “extremely difficult start” to the...

Cemex registered P528-m loss in Q2

Cemex Holdings Philippines Inc. said Friday it posted a net loss of P528 million in the second quarter, a turnaround from the P598-million net...

2GO Group trimmed net loss by 88% in Q1

Logistics provider 2GO Group Inc. said Friday it reduced its net loss by 88 percent in the first quarter on the back of higher...

Tolentino pushes probe on P843-b net losses of SSS

A senator is pushing for a congressional probe into reported massive net losses incurred by the Social Security System (SSS). Senator Francis Tolentino aired his...

Change in accounting standards led to P843 billion net loss, SSS says

Social Security System (SSS) president and chief executive officer Michael Regino has clarified the net loss of P843.9 billion shown in its unaudited financial...

PTT reduced 2021 net loss to P22.8m

Philippine Telegraph and Telephone Corp. said Tuesday it reduced its net loss in 2021 on the back of higher revenues. PT&T said net loss amounted...

Bloomberry swung to profit in 1st quarter

Casino operator Bloomberry Resorts Corp. said Friday first-quarter income reached P679.4 million, a reversal from the P780.8-million net loss it incurred in the same...

Rice Tariffication Law enabled NFA to cut losses by 38% to P9.6b in 2021

The National Food Authority reduced its net loss by 38 percent to P9.6 billion in 2021 from P15.44 billion in 2020 under the Rice...

Cebu Pacific booked P24.9-b loss last year

Cebu Pacific said Wednesday it incurred a P24.9-billion net loss in 2021 following the P22.2-billion loss in 2020, amid the lingering COVID-19 pandemic and...

Bloomberry cuts net loss to P4.2b

Casino operator Bloomberry Resorts Corp. said Monday it narrowed its net loss in 2021 to P4.2 billion from P8.3 billion in 2020 as the...

Air France-KLM slashed losses by half in 2021

Paris, France—French-Dutch aviation giant Air France-KLM on Thursday said its net loss narrowed by more than half last year but would need more capital...

PAL Holdings cut losses to P27b in three quarters

PAL Holdings Inc., the operator of Philippine Airlines, said net loss slightly declined in the first nine months because of lower operating expenses. PAL Holdings...

Cebu Air widens net loss to nearly P22 billion

Cebu Air Inc., the operator of Cebu Pacific and Cebgo, said Tuesday net loss widened by 49.8 percent in the first nine months amid...

Bloomberry trimmed net loss to P1.1 billion in third quarter

Casino operator Bloomberry Resorts Corp. said Friday its net loss narrowed to P1.1 billion in the third quarter from the P2.5-billion net loss it...
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