Corporate
Lepanto Mining profit soars on gold rally
Lepanto Consolidated Mining Co. reported a dramatic increase in net income, reaching ₱659 million for the five-month period ending May, a significant leap from just ₱16 million in the same period last year.
CPG raises dividends amid strong 2024 growth
Century Properties Group, Inc. said it has enhanced its dividend policy to showcase the company’s improved financial performance, with regular dividend rate doubled to 20 percent of consolidation net income for common shares. Additionally, CPG has declared a 5 percent special cash dividend for 2025.
JNEC expands retail reach with La Rose Noire deal
The energy firm Jin Navitas Electric Corp. (JNEC) has been selected as retail electricity supplier for the La Rose Noire’s manufacturing facility in Clark, Pampanga, the companies announced Sunday.
Lexmark taps PLDT iGate for global connectivity boost
PLDT Enterprise has entered a strategic partnership with Lexmark Research and Development Corp. to deliver robust digital infrastructure solutions, underscoring a significant corporate alignment aimed at enhancing global operational efficiency and collaboration.
SEC clears Aboitiz Power’s P100-B bond shelf program
The Securities and Exchange Commission (SEC) has approved Aboitiz Power Corp.’s shelf registration for up to P100 billion in fixed-rate bonds over three years, the company said following the SEC's en banc approval.
