Dominion Holdings posts ₱36.5M 1Q profit amid strategic capital realignment
Dominion Holdings, Inc. reported a net income of ₱36.5 millionfor the first quarter of 2025, reflecting a year-on-year decline from ₱75.9 million in the same period last year. The company attributed the decrease primarily to a lower investment base following its ₱3.2 billion cash dividend declaration in May 2024—a strategic distribution that significantly altered its asset composition.
Land Bank taps Isabela cooperative in agri-financing push
The Land Bank of the Philippines has struck an alliance with the Unified Tiller Agriculture Cooperative (UTAC), a development that strengthens commercial financing in agriculture and bolsters the country’s rice production capacity.
PH lifts ban on poultry products from Minnesota
The Department of Agriculture (DA) has lifted the temporary ban on poultry imports from Minnesota, USA, following confirmation that the state has resolved its avian influenza outbreaks.
Petron posts higher 1Q net income despite revenue dip
Petron Corp. reported a 2.5 percent increase in net income for the first quarter of 2025, reaching ₱4.03 billion from ₱3.93 billion in the same period last year, despite a significant drop in revenue.
First Gen 1Q profits slip on lower generation, spot prices
First Gen Corp., one of the country's largest clean and renewable energy producers, reported a 4.9 percent year-on-year decline in net income for the first quarter of 2025 as lower electricity generation and soft spot market prices weighed on financial results.
