Corporate

San Miguel Food and Beverage Inc. (SMFB) reported a consolidated net income of ₱33.7 billion for the first nine months of 2025, up 11 percent year-on-year, driven by strong performances across its food, beer, and spirits divisions.

Property development giant Ayala Land, Inc. (ALI) booked a net income of P21.4 billion in the first nine months ended September 30, supported by stable property development earnings and the steady expansion of its leasing and hospitality portfolio. Consolidated revenues climbed to P121.8 billion during the period.

Shell Pilipinas Corp., the local unit of global energy giant Shell, announced that its board has approved a new policy—effective January 1—requiring key officers, including its president and CEO, to own a minimum of 100,000 company shares.

Typhoon Uwan weakened after slamming into the Sierra Madre mountains late Sunday but retained its fierce winds. PAGASA lifted Signal No. 5 yet maintained Signal No. 4 over parts of Abra, Benguet, Ifugao, Ilocos Sur, Mt. Province, Nueva Ecija, Nueva Vizcaya, La Union, and Pangasinan. Moving west-northwest at 20 kilometers per hour, Uwan’s center is expected to reach the West Philippine Sea by Monday night, where it may regain strength before veering toward Taiwan. The NDRRMC reported that about 836,000 people across eight regions have been affected, with roughly one-third now sheltering in evacuation centers. Damage and casualty reports are still being collated.

Puregold Price Club, Inc. (PGOLD) saw its profit climb in the first nine months of 2025 as Filipinos kept filling their carts despite tighter household budgets. The grocery retail leader booked a 5.6 percent rise in consolidated net income to P7.3 billion from P6.9 billion a year earlier, lifted by strong sales and slightly better margins.