Corporate

Nickel Asia Corp. (NAC), the country's largest nickel miner, reported a 148 percent surge in attributable net income for the first quarter of 2025, reaching ₱501.03 million from ₱202.38 million a year ago, driven by higher ore prices and a one-time gain from a strategic divestment.

Vista Land & Lifescapes Inc. reported an 11 percent rise in core income to ₱9.35 billion in 2024, up from ₱8.45 billion the previous year, driven by broad-based strength across its business units.

Australian home and lifestyle retailer Anko opened its second Philippine store on Thursday at Alabang Town Center, strengthening its foothold in the country’s fast-growing retail sector and underscoring a strategic partnership with Ayala Corp.

ACEN Corp. reported a 28 percent year-on-year decline in its first-quarter consolidated net income attributable to equity holders, falling to ₱1.95 billion from ₱2.72 billion in the same period of 2024. The slump was driven by lower generation output and declining prices in the Philippine Wholesale Electricity Spot Market (WESM), the company said Thursday.

Universal Robina Corp. (URC) reported consolidated sales of P45.3 billion for the first quarter ending 31 March 2025, up 7 percent year-on-year, as it delivered strong volume-led growth across most of its business divisions.