Corporate
Philex Mining 2022 net profit down on higher cost, lower mine output
Philex Mining Corp., the country’s largest gold and copper producer, said Monday net profit in 2022 dropped 26 percent year-on-year to P1.8 billion, hurt...
AREIT 2022 net profit rise to P2.9B despite higher interest rates
AREIT, Inc., the real estate investment trust of the Ayala Group, posted a full-year net income P2.9 billion for 2022, up 32 percent from...
BDO more than doubles quarterly cash dividend; 2022 net profit up 33%
BOO Unibank Inc., the Philippines’ largest bank by assets, revised its dividend policy and raised its quarterly dividend substantially to P0.75 a share, starting...
Agrinurture preps up multibillion peso expansion with P280 million stock rights offer
AgriNurture Inc., the listed agribusiness enterprise of businessman Antonio L. Tiu, is pushing through with a P280 million stock rights offering (SRO) as part of plans to raise P5 billion for expansion.
Maynilad sets P4B water loss-prevention program
West Zone concessionaire Maynilad Water Services, Inc. bares spending P4 billion this year to cut its non-revenue water (NRW) losses reaching 162 million liters per day.
