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First Gen reports 12% drop in 2024 net income to USD245M

Corporate Context.ph Context.ph -
First Gen Corporation, the Lopez Group’s clean and renewable energy provider, reported a 12 percent decline in attributable recurring net income for 2024, amounting to USD245 million (P14.0 billion), compared to USD277 million (P15.4 billion) in 2023. 

DM Wenceslao declares P322.6M cash dividend

Corporate Context.ph Context.ph -
D.M. Wenceslao & Associates, Inc. (DMW), a real estate developer with expertise in reclamation, said its board has declared cash dividends of P0.095 per share, totaling P322.6 million during its meeting on 13 March. This represents a 20 percent increase over last year’s payout. 

Accenture shares drop amid U.S. Govt spending concerns

Corporate Context.ph Context.ph -
Accenture, a U.S.-listed global professional services company offering a wide range of solutions in strategy, consulting, digital, technology, and operations, saw its shares fall on Thursday.

ERC revising time-of-use billing rules to encourage energy efficiency

Energy & Mining Context.ph Context.ph -
The Energy Regulatory Commission (ERC) has announced plans to revisit the time-of-use (TOU) electricity billing mechanism to encourage consumers to become more energy-efficient.

SMC seeks to collect P34B from Meralco

Energy & Mining Context.ph Context.ph -
San Miguel Corp. (SMC) subsidiaries Sual Power Inc. and South Premiere Power Corp. (SPPC) have petitioned the Energy Regulatory Commission (ERC) to collect up to P34 billion from Manila Electric Co. (Meralco) customers.
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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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