Corporate

The Que-Azcona family, owners of Mercury Drug, the Philippines' largest drugstore chain, made a significant debut in Forbes Magazine’s 2025 list of the 50 richest Filipinos, ranking sixth following the death in April of Vivian Que-Azcona, who had led the company founded by her father, Mariano Que, after World War II.

Global Ferronickel Holdings Inc. (FNI) reported a threefold increase in net income for the first six months reaching ₱622.1 million, up from ₱207.08 million in the same period last year, as disclosed to the Philippine Stock Exchange on Thursday.

OceanaGold (Philippines) Inc. (OGP), a publicly listed mining firm, reported a 14.4 percent year-on-year decline in net income to US$22 million for the first half of 2025, down from US$25.7 million in the same period last year.

Integrated resort developer Hann Holdings Inc. signaled readiness to enter the Philippine online gaming market, but emphasized that full deployment will follow only after regulatory and ethical concerns are addressed.

Filinvest Land Inc. (FLI) reported a flat net income of ₱2.12 billion in the first half of 2025, inching up marginally from ₱2.11 billion in the same period last year, as weaker second-quarter earnings offset gains from its core leasing business.