Corporate

GMA Network Inc. reported a 293 percent surge in net income for the first quarter of 2025, fueled by a robust recovery in advertising revenue ahead of the May mid-term elections. The broadcasting giant posted a net profit of ₱801.68 million for the January to March period, sharply higher than the ₱204.12 million recorded in the same quarter last year.

Bloomberry Resorts Corp., the operator of Solaire Resorts and Casinos, reported a 26 percent increase in net income to ₱3.3 billion in the first quarter of 2025, up from ₱2.5 billion in the same period last year, the company told regulators on Wednesday.

Vitarich Corp., a major feed and poultry producer, reported an increase in first-quarter net income to P241.6 million, soaring 389 times from P6.22 million in the same period last year. The surge highlights the company’s resilience and strategic agility amid market supply disruptions.

PLDT Global Corp., the international arm of the country’s leading telecommunications and digital services provider PLDT Inc., has partnered with U.S.-based fintech company Venio to expand its digital offerings to overseas Filipinos (OF), particularly in the United States.

Emperador Inc., the liquor unit of tycoon Andrew Tan, reported a 6.5 percent increase in first quarter net income to P1.85 billion on the back of an aggressive global expansion across key liquor markets.