Corporate
SMFB posts 15% rise in 1H net income
San Miguel Food and Beverage Inc. (SMFB) reported a consolidated net income of P23 billion for the first half of 2025, up 15 percent from a year earlier driven by steady sales performance and improved cost management.
Ayala Land posts 8% profit growth, eyes stronger H2 amid strategic expansions
Ayala Land Inc. (ALI), the country’s second-largest property developer, reported an 8 percent increase in net income to ₱14.2 billion for the first half of 2025, up from ₱13.12 billion in the same period last year, driven by the resilience of its diversified real estate portfolio.
Strong passenger growth lifts Cebu Pacific’s 1H profit
Cebu Pacific, the budget carrier under the Gokongwei Group, reported a 153 percent surge in net income to ₱8.97 billion for the first half of 2025, up from ₱3.54 billion in the same period last year, driven by robust passenger growth, improved operational efficiency, and stringent cost controls.
EDC inaugurates ₱7-B Tanawon Geothermal Plant in Sorsogon
The Energy Development Corp. (EDC), a subsidiary of Lopez-led First Gen Corp., recently inaugurated its new ₱7-billion Tanawon geothermal power plant in Sorsogon, marking another milestone in the country’s push toward energy security through renewable sources.
URC brands among most chosen in PH – report
Five flagship brands of Universal Robina Corp. (URC) have been named among the most chosen fast-moving consumer goods (FMCG) in the Philippines, according to the 2025 Brand Footprint Report by Worldpanel by Numerator.
