Corporate
DALI operator Hard Discount posts wider losses despite revenue surge
Hard Discount Philippines Inc. (HDPI), operator of the fast-expanding DALI Everyday Grocery chain, reported a deeper net loss of ₱1.97 billion in 2024, slightly higher than the ₱1.9 billion loss in 2023, despite a strong 52 percent jump in revenues to nearly ₱34 billion.
Tanduay profit soars 91% in 1H25, boosting market and corporate strength
Tanduay Distillers, Inc. (TDI), the liquor and spirits subsidiary of LT Group, Inc. (LTG), posted a 91 percent surge in net income for the first half of 2025, signaling a significant uplift in its financial and market performance. Net income reached P1.36 billion, nearly double the P712 million recorded in the same period last year.
APECO offers Itself as gateway to East Asia, US West Coast
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is positioning itself as a strategic gateway for Indonesian exporters to reach Northeast Asia and the U.S. West Coast, highlighting its location in Casiguran, Aurora as the Philippines’ closest direct access point to the Pacific.
CSC secures first mining infra contract
Concrete Stone Corp. (CSC), a key player in the precast concrete industry, has signed a P22 million contract with Dinapigue Mining Corp. (DMC), a subsidiary of Nickel Asia Corp. (NAC), to supply 750 concrete tetrapods for a port facility at NAC’s nickel mine in Isabela.
Japanese drugstore giant Sugi enters PH with AC Health
Ayala Healthcare Holdings Inc. (AC Health) has partnered with Japan’s Sugi Holdings Co. Ltd., one of the country’s largest pharmacy chains, to distribute Japanese pharmaceutical and wellness products across the Philippines.
