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Friday, 16 May 2025, 12:49 pm

    Corporate

    ACEN 2022 earnings propped up by one-off gains, plans P70B capex this year

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    ACEN Corp. said Thursday that net income last year reached P13.1 billion, more than double the P5.25 billion the listed energy unit of the Ayala Group reported in 2021 because of revaluation gains as well as court-mandated provisions and a project in Vietnam.

    San Miguel Food income rises 12% in 2022

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    San Miguel Food and Beverage Inc. on Wednesday reported profits in 2022 growing 12 percent to P34.7 billion from the previous year’s P31.41 billion despite heightened geopolitical tensions, inflationary pressures and supply chain challenges.

    Toll operations, power push 2021 MPIC core income 15% higher

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    Conglomerate Metro Pacific Investments Corp. on Wednesday bared core net income in 2022 reaching P14.2 billion, up 15 percent from P12.3 billion the previous year on strong recovery of its toll road traffic and growth in power consumption. 

    Synergy Grid declares P914.7M in cash dividends

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    Synergy Grid & Development Philippines Inc., which indirectly holds a significant stake in National Grid Corp., said Wednesday its board approved the declaration of P0.1737 a share cash dividend for the first quarter of 2023.

    ACEN shareholders will have full plate at April 27 meet

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    ACEN Corp. on Wednesday told the stock exchange its shareholders will decide on a slew of matters during their annual meeting set on April...
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    Context.ph

    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Health & Science

    New law paves way for inclusive early childhood services

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    The recently signed Republic Act 12199, also known as the Early Childhood Care and Development (ECCD) Systems Act, marks a pivotal step toward inclusive early childhood support in the Philippines, especially for children with disabilities.
    Corporate

    Diversification lifts Megawide earnings in Q1

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    Megawide Construction Corp. (Megawide) posted a net income of P210 million in the first quarter of 2025, a 14 percent increase from the same period last year.
    Corporate Bulletins

    Mega Sardines earns superfood status from US wellness group

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    Mega Sardines, the flagship product of Mega Prime Foods Inc. (MPFI) and the country's top-selling sardine brand, has been officially endorsed as a “superfood” by the US-based Medical Wellness Association (MWA), an historic first for both the country and the global sardine industry.
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