Saturday, 17 May 2025, 10:52 am

    Corporate

    GT Capital banking, auto units boost Q1 profit

    GT Capital Holdings, Inc., the Ty Group’s listed investment holding company, reported a consolidated net income of Ph9.14 billion for the first quarter, a 29 percent increase from the same period last year. The growth was largely driven by the strong performances of its core banking and automotive businesses.

    Diversification lifts Megawide earnings in Q1

    Megawide Construction Corp. (Megawide) posted a net income of P210 million in the first quarter of 2025, a 14 percent increase from the same period last year.

    Mega Sardines earns superfood status from US wellness group

    Mega Sardines, the flagship product of Mega Prime Foods Inc. (MPFI) and the country's top-selling sardine brand, has been officially endorsed as a “superfood” by the US-based Medical Wellness Association (MWA), an historic first for both the country and the global sardine industry.

    Payoneer powers ahead in 1Q with strong SMB growth

    Payoneer Global Inc. reported robust financial results for the first quarter of 2025, underscoring its growing influence in the global small and medium business (SMB) fintech sector.

    Surge in fuel sales drive Top Line 1Q earnings

    Top Line Business Development Corp., the Cebu-based oil distributor, reported a 38 percent year-on-year increase in net income, reaching P37.9 million in the first quarter, buoyed by robust fuel sales and strategic network expansion. 

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