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Sunday, 17 August 2025, 10:41 am

    Corporate

    Liquor distribution, grocery business boost Cosco Capital earnings

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    Cosco Capital Inc., the investment holding company of billionaire Lucio Co., reported Friday net income in the first half increased 9.1 percent year-on-year to...

    Forex adjustments help push 1H Robinsons Retail income 34% lower

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    Robinsons Retail Holdings Inc. on Thursday reported net income in the first half falling 34 percent to P1.79 billion from last year’s P2.73 billion.  It...

    Associate sales, forex push Concepcion Industrial 2Q income 33% higher

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    Concepcion Industrial Corp., manufacturer of refrigerators and air-conditioning, on Thursday reported income rising 33 percent in the second quarter to P350.3 million from last...

    Lower foot traffic, slower private construction hurt Wilcon 1H net income

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    Wilcon Depot, Inc., the country’s leading home improvement and finishing construction supplies retailer, on Thursday reported a 2.1 percent decline in first-half net income...

    Lower Padcal mine output weighs down Philex core net income in 1H

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    Philex Mining Corp., one of Southeast Asia’s largest gold and copper producers, said Thursday that first-half core net income dropped 47 percent to P702...
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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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    Corporate

    Abacore Capital reports 15% profit surge in 2024

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    Abacore Capital Holdings Inc. (PSE: ABA) reported a strong financial performance for 2024, with net income rising to ₱3.293 billion, up ₱429 million or nearly 15 percent from ₱2.864 billion in 2023. The company attributed this growth to a 35 percent increase in other income (₱3.458 billion), a reduction in administrative expenses to ₱155 million, and dividend income reaching ₱7.3 million.
    Banking & Insurance

    BSP unveils art exhibit on culture and capital

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    The Bangko Sentral ng Pilipinas (BSP), in collaboration with the National Museum of the Philippines (NMP), has launched “Kultura. Kapital. Kasalukuyan. Contemporary Art from the BSP Collection”, at the National Museum of Fine Arts in Manila.
    Corporate Bulletins

    Public-private pact powers Bacolod Rum Festival

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    The City Government of Bacolod and Tanduay Distillers Inc. have renewed their strategic partnership for the 5th Tanduay Bacolod Rum Festival, scheduled from 28 to 31 August, in alignment with the global observance of Rum Month.
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