Sunday, May 3, 2026
Today's Print

Tag: profits

PSEi falls as investors take profits after two-day rally

The stock market fell Thursday as investors took profits after two straight sessions of gains. The Philippine Stock Exchange index briefly hit the 6,500 level...

PSEi falls 1% as investors eye GDP report; peso strengthens

Philippine stocks declined Friday as investors took profits ahead of the release of full-year gross domestic product data. The benchmark Philippine Stock Exchange index dropped...

GT Capital profits grew 29% to P9.14b in Q1

Ty-led GT Capital Holdings, Inc. grew its first quarter net income by 29 percent to P9.14 billion driven by strong performance from operating companies...

PH stocks remain steady on profit taking, bargain hunting

Philippine shares were mostly steady on Friday as some investors continued to take profits on some stocks while others saw fresh buying. The benchmark Philippine...

Tesla earnings rise to $2.7b on higher sales, lower prices

NEW YORK, United States—Tesla reported a jump in second-quarter profits Wednesday as a series of price cuts translated into sharply higher car sales. Elon Musk’s...

US banks face subdued profits amid new rules

NEW YORK—The upcoming deluge of US bank earnings is expected to show more pressure on deposits, an uptick in reserves for bad loans and...

Samsung’s 4th quarter profit plunged 69% on low demand

Seoul—Samsung Electronics said Friday it expected its fourth-quarter operating profits to plunge 69 percent, as the global downturn causes a sharp decline in demand...

D&L on track to hitting record income in 2022

D&L Industries Inc., a listed plastic and food input producer, said Tuesday it is on track to hitting record profits in 2022 as consumers...

Tesla 3Q profit up to $3.3b but sales fail to meet targets

NEW YORK, United States—Tesla reported Wednesday another quarter of sparkling earnings growth, but shares fell amid questions over the resilience of electric vehicle demand,...

PAL bounces back, records profit for 2 straight quarters

Philippine Airlines Inc. said Wednesday it sustained profitability for two consecutive quarters, the first time since 2016, amid the recovery of the air travel...

GT Capital, Cosco recorded higher profits in first quarter

Conglomerates GT Capital Holdings Inc. of the Ty family and Cosco Capital Inc. of retail businessman Lucio Co posted positive earnings in the first...

Jollibee’s net income, revenues returned to pre-pandemic levels in Q1

Restaurant chain operator Jollibee Foods Corp. said Thursday first-quarter profits and revenues returned to pre-pandemic levels. Jollibee said in a disclosure to the stock exchange...

Apple reports solid Q2, but warns of $4-$8 bn hit from Covid, supply chain

Apple reported better-than-expected profits Thursday amid continued robust consumer demand, but warned that the China Covid-19 lockdown and ongoing supply chain woes would dent...

Saudi Aramco says Q3 profits soared 158% on higher oil prices

RIYADH—Saudi Aramco’s earnings rose 158 percent year-on-year in the third quarter on higher oil prices and volumes sold as the global economy recovered, it...
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