Corporate

Pryce Corp. posts 48 percent profit surge on Strong LPG, Industrial Gas Sales

Pryce Corp. reported a 48.8% jump in net income for the first quarter of 2025, reaching ₱1.06 billion from ₱713.67 million in the same period last year, driven by higher liquefied petroleum gas (LPG) sales and gains in marketable securities.

Meralco Q1 income up 9% to P10.45B

Manila Electric Co. (Meralco), the country's largest power distribution company, posted a 9 percent increase in net income for the first quarter, reaching P10.45 billion, driven by a rise in electricity sales between January and March.

Aboitiz Group unfazed by Trump tariffs—for now, keeps eye on global ripples

Aboitiz Equity Ventures Inc. (AEV), the listed holding firm of the Aboitiz group, said U.S. tariff policies under US President Donald Trump have yet to impact its operations—but the company is treading cautiously amid mounting global uncertainty.

NLEX Corp. net income jumps 21% on strong toll revenue, cost discipline

NLEX Corp. on Monday reported a 21 percent rise in net income to ₱12.07 billion in 2024, up from ₱10.01 billion the previous year, driven by increased toll revenue and disciplined cost management, the company announced.

LBC Express boosts leadership with Converge partnership

LBC Express Inc., the country's foremost courier, cargo, and remittance service provider, is reinforcing its dominance in the logistics and e-commerce sectors through a strategic focus on digital transformation and nationwide connectivity, backed by its ongoing partnership with Converge ICT Solutions Inc.

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