Shares of The Walt Disney Co. fell 7.8 percent Thursday as investors focused on weaker-than-expected revenue and ongoing struggles in its linear TV business, overlooking strong profit and subscriber growth.
Increases in selling prices bolstered the nine-month net income of Tanduay Distillers Inc. to a record P2.4 billion, up 59 percent from P1.51 billion in the year-earlier period.
LT Group, Inc. (LTG), the flagship investment holding company of billionaire Lucio Tan, delivered its strongest nine-month performance on record, posting an attributable net income of P22.57 billion—a 14 percent increase year-on-year and the company’s best January-September and third-quarter results since its follow-on offering—delivered by the broad-based growth across the conglomerate.
A reduction in investible funds and lower interest rates trimmed the net income of Dominion Holdings, Inc. (DHI), formerly BDO Leasing and Finance, Inc., to P106.4 million in the first nine months of 2025 from P171 million in the same period last year.
Renewable energy trailblazer Alternergy Holdings Corp. is strengthening its position in the power industry with the launch of its retail electricity supply arm, ALTER Power RES, Inc. (ALTER Power), after securing approval from the Securities and Exchange Commission.