Corporate

PLDT Inc. reported that its net income fell by 11 percent to ₱25.07 billion in the first nine months of 2025, from ₱28.07 billion in the same period last year, mainly due to higher operating expenses.

Philippine Airlines Inc. posted a 62 percent year-over-year jump in third-quarter net income to USD22 million, signaling the flag carrier’s resilience amid ongoing strategic transformation that has started to drive volumes and passenger traffic higher.

Manila Water has strengthened its commitment to providing reliable water service across the East Zone after officially taking over operations of the Upper Wawa Dam in October. The move follows the company’s full acquisition of WawaJVCo from Prime Infra, bringing all operations of the Wawa Bulk Water Supply Project under Manila Water’s management.

Shell Pilipinas Corp., the second largest oil company in the country, fired up its performance in the first nine months of the year, booking core earnings of P2.5 billion, up 10 percent year-on-year. That pushed net income to P1.3 billion, higher by 33 percent from the same period last year.

Apex Mining Co. Inc. delivered a gleaming performance this year, posting a consolidated net income of P5.45 billion for the first nine months — up 78 percent or P2.38 billion from last year’s P3.07 billion. The third quarter alone contributed a hefty P2.15 billion, compared to P1.31 billion a year earlier.