Corporate

AbaCore Capital Holdings Inc. reported a 2024 net income of P2.6 billion, up from P2.4 billion in 2023, driven by substantial fair-value gains on real estate assets. Earnings per share rose to 60 centavos from 56 centavos year-on-year.

Asian Vision, a leading internet service provider in Batangas, Zambales, and Quezon Province, has partnered with De La Salle Lipa (DLSL) to upgrade the institution’s digital infrastructure.

Concreat Holdings Philippines Inc., a majority-owned subsidiary of DMCI Holdings, said the new production line at its Solid Cement Plant in Antipolo City became fully operational in April. The expansion boosts annual capacity by 26 percent to 7.2 million metric tons.

China Banking Corp., the country’s 6th largest lender by assets, sustained its strong performance in the first quarter, with higher interest income and continued loan expansion fueling a 10 percent growth in net income to P6.5 billion.

Platinum Group Metals Corp. said it has dispatched its first nickel ore shipment for 2025, kicking off a promising operational year for the mining arm in Surigao del Norte of diversified and listed conglomerate Global Ferronickel Holdings, Inc.