Corporate

The Keepers Holdings Inc., the listed liquor distributor of billionaire Lucio Co, posted a 21 percent increase in net income to P3.54 billion driven primarily by strong sales from the imported brandy segment, particularly Alfonso, which continues to dominate the market and has now exceeded pre-pandemic performance levels.

Cosco Capital Inc., the listed retail holding firm of billionaire Lucio Co, announced on Monday the declaration of regular and special cash dividends totaling P2.79 billion, following a strong earnings performance in 2024.

In a landmark agreement with significant corporate and commercial implications, CIBI Information Inc., the country's pioneering credit bureau, has partnered with South Korea’s JB Financial Group (JBFG) and NICE Information Service to establish a cross-border credit linkage system between the two nations.

Dominion Holdings Inc., formerly BDO Leasing and Finance Inc., reported net earnings of P202 million last year, a 27 percent drop from P277 million posted in 2023, due mainly to a reduced  investment base following a substantial cash dividend payout of P3.2 billion in May 2024.

Puregold Price Club Inc., one of the country’s largest grocery retailers led by businessman Lucio Co, announced a capital expenditure budget of P6.35 billion this year, with a strategic focus on expanding its S&R brand, comprising warehouse clubs and quick-service restaurants.