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Phinma Q1 profit more than doubles despite lower revenue

PHINMA Corporation reported that its net income attributable to shareholders more than doubled in the first quarter to P407.43 million from P191.27 million a year ago, driven by strong performance from its education, solar, and hospitality businesses.

Book on Philippine native trees highlights environmental legacy of Piki Lopez, advocates

Environmental group Green Convergence recently launched the fourth volume of its “Philippine Native Trees” series, highlighting the importance of native trees in preserving biodiversity, culture, and environmental sustainability.

Visayas grid under yellow alert

The Visayas grid was placed under yellow alert from 5 p.m. to 8 p.m. on Tuesday due to low power reserves caused by several plant outages.

Fortinet study: APAC firms struggle with AI cyber threats

A new study commissioned by Fortinet found that many organizations across Asia Pacific are struggling to manage growing cybersecurity complexity and AI-driven threats.

Globe trains agencies vs mobile scams

Globe held a technical training session with government agencies to improve the use of IMSI catcher detectors in fighting mobile-based scams.

Just in

JG Summit navigates turbulence with diversified earnings

JG Summit Holdings Inc., the listed flagship investment holding company of the Gokongwei Group, posted a 7-percent increase in first-quarter revenues to P99.9 billion, driven by record passenger traffic at Cebu Pacific, steady demand for branded food products, and resilient contributions from its property and investment portfolio despite mounting economic headwinds.

Shell Pilipinas navigates volatile quarter with caution

Shell Pilipinas Corp. booked P108 million in core earnings for the first quarter as surging oil prices, peso weakness, and intensifying geopolitical tensions disrupted energy markets and squeezed margins toward the end of the period.

DoubleDragon expands empire with MerryMart takeover

DoubleDragon Corp. is moving ahead with its takeover of MerryMart Consumer Corp. after securing regulatory clearance, tightening its hold on the retail sector as it accelerates its transition into a diversified investment holding company.

MacroAsia posts record revenue in Q1 despite profit squeeze

MacroAsia Corp. reported its highest-ever quarterly revenue in the first quarter, even as rising costs and lease-related charges weighed on profitability across its aviation-linked businesses.
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