Corporate

Citicore Renewable Energy Corporation (CREC) posted a 14 percent increase in net income to P1.15 billion in 2025, driven by lower financing costs, rising service revenues, and steady electricity sales, highlighting improved profitability as the company expands its renewable portfolio.

ABS-CBN Corp., once the country’s largest broadcast network, on Monday dismissed anew claims of unresolved audit issues and firmly rejected reports that a proposed P2-billion capital infusion would be used for directors’ payouts, seeking to distance itself from a boardroom dispute within Lopez Inc., the company owned by its major shareholders.

Brother International Philippines Corp., known for its printing machines, said it plans to continue operating in the Philippines as the local printing industry evolves.

Wilcon Depot Inc., the home improvement retailer, reported a 3 percent drop in net income last year, falling to ₱2.44 billion from ₱2.52 billion in 2024, even as total sales rose.

Home Credit Philippines has launched a nationwide promotion making the Samsung Galaxy S26 Series more affordable for Filipino consumers.