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CLI grows 2024 net income by 8%, doubles project pipeline for 2025

Corporate Context.ph Context.ph -
Cebu Landmasters Inc. (CLI), a leading regional property developer, reported an 8 percent rise in net income for 2024, reaching ₱3.01 billion from previous year’s ₱2.79 billion, driven by sustained demand across the Visayas and Mindanao.

Phinma Corp. income drops despite revenue growth

Corporate Context.ph Context.ph -
Phinma Corp. reported a 37 percent decline in net income to ₱936.87 million in 2023, down from a restated ₱1.5 billion the previous year, primarily due to weaker sales in its property unit and one-off accounting adjustments, the company said on Tuesday.

PBBM orders united effort for safe, smooth Holy Week travel

Transport & Logistics Context.ph Context.ph -
President Ferdinand Marcos Jr., more publicly known under the initials PBBM, has issued a clear directive for all government agencies to coordinate efforts in ensuring the safety and convenience of travelers during the Holy Week, transport secretary Vince Dizon said.

ERC seeks public input on GEA-4 reserve prices

Energy & Mining Context.ph Context.ph -
The Energy Regulatory Commission (ERC) is calling for public comments on its proposed reserve prices for the upcoming fourth round of the Green Energy Auction (GEA-4), a key initiative to support the Philippines’ transition to cleaner energy.

PHINMA posts higher revenue, lower net income

Corporate Context.ph Context.ph -
PHINMA Corp. said consolidated revenue last year rose to P23.76 billion from P21.27 billion in 2023, as its strategic business units continued to deliver topline growth despite challenging market conditions.
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Eala’s HK Open final ends in heartbreak, but ranking soars

Sports & Entertainment 0
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.

Fuel prices set for big drop this week 

Energy & Mining 0
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.

DNL cautiously optimistic of prospects in 2027

Corporate 0
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.

ALLHC’s P62M Q3 profit limits nine-month earnings decline

Transport & Logistics 0
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.
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