Puregold net income rises 13% on strong sari-sari store base
Puregold Price Club Inc., the grocery chain operator led by businessman Lucio Co, on Tuesday reported net income in 2022 growing 13 percent to P9.3 billion from previous year’s P8.18 billion, mainly on higher sales from its growing chain.
Passenger recovery allows Cebu Pacific to narrow 2022 loss
Cebu Pacific reported a narrower 43.78 percent drop in losses last year as its passenger service continued to recover.
The Gokongwei-led airline said net loss...
Land Bank bats for banking supremacy
Land Bank of the Philippines may overtake the Sy-led BDO Unibank Inc. as the country’s largest bank after President Marcos approved the proposed merger of the two state-owner lenders.
FLI 2022 income falls 24%
Filinvest Land Inc., the property development arm of the Gotianun group, reported net income falling 24 percent last year to P2.89 billion from P3.8...
RCBC selling real estate subsidiaries to FLI
Rizal Commercial Banking Corp. of the Yuchengco Group of Companies is disposing its wholly-owned real estate subsidiaries to Gotianun-led Filinvest Land Inc. (FLI).
The listed...
