Wednesday, December 31, 2025
Today's Print

Tag: profit

Reconciling profit and purpose: Business as a force for good

—“—When business activity is carried out justly, effectively, and sustainably, customers receive goods and services at fair prices. We have come a long way in...

Converge keeps 2025 profit guidance after strong Q1

Converge Information and Communications Technology Solutions Inc. said Friday it is maintaining its earnings guidance for 2025, following a strong performance in the first...

AbaCore’s profit bounced back to P107m in Q1

AbaCore Capital Holdings Inc. (ABA), a holding company with interests in leasing gaming equipment, gold and coal mining, real estate and financial services, said...

PetroEnergy Q1 profit down on expansion costs

Yuchengco-led PetroEnergy Resources Corp. (PERC) on Friday said expansion and acquisition cut its first quarter earnings to P280.8 million from P321.7 million in the...

Converge posts P3b profit in first quarter

Converge Information and Communications Technology Solutions, Inc. on Thursday said net income grew by 18.3 percent in the first quarter of 2025, boosted by...

Strong sales boosted SMFB’s Q1 profit to P11.6b

San Miguel Food and Beverage Inc. (SMFB) said Wednesday it began 2025 with strong momentum, posting robust first-quarter results driven by sustained demand, improved...

Puregold’s profit increased 21% to P10.4b in 2024

Puregold Price Club Inc., the grocery chain owned by businessman Lucio Co, reported a 21.3-percent increase in net income for 2024 on the back...

US farmers see tariffs threaten earnings

WASHINGTON—As President Donald Trump’s sweeping global tariffs took effect this weekend, US farmers hoping for a profit this year instead found themselves facing lower...

JG Summit’s core profit jumps to nearly P25b

Conglomerate JG Summit Holdings Inc. said Thursday its core profit jumped 29 percent year-on-year to P24.9 billion in 2024, lifted by one-time gain from...

Monde Nissin rebounded to post P450-m profit in 2024

Monde Nissin Corp., the country’s largest instant noodle maker, booked an impairment charge of P6.8 billion in 2024 as its alternative meat business continued...

Bloomberry’s 2024 profit fell 73% to P2.6b

Bloomberry Resorts Corp. saw its net income decline 72.6 percent in 2024 on higher depreciation and interest expense related to the opening of a...

Globe’s nine-month profit expanded 6% to over P20b

Globe Telecom Inc. said Friday its net income grew 6 percent to P20.6 billion in the first nine months of 2024 from P19.4 billion...

BDO earned over P60 billion in 9 months

BDO Unibank Inc. (BDO), the country’s largest lender owned by the Sy family, said Monday its nine-month net income jumped 12 percent year-on-year to...

Easing inflation  lifts Tesco’s profit

LONDON—Supermarket group Tesco, Britain’s biggest retailer, said Thursday that net profit gained in its first half as cost pressures eased for consumers and companies. Profit...
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