Corporate
SMFB income grows 11% in first nine months
San Miguel Food and Beverage Inc. (SMFB) reported an 11 percent increase in net income for the first nine months of 2024, reaching P30.4 billion, up from P27.48 billion in the same period last year.
D&L Industries 3Q net income off 11%
D&L Industries Inc. said Wednesday third-quarter net income declined 11 percent to P493 million, still weighed down by the higher cost base resulting from the commissioning of new facilities at its Batangas plant.
Higher gold, copper prices buoy Philex earnings
Philex Mining Corp. generated P200 million in core net income and earnings before interest, taxes, depreciation and amortization of P506 million in the third quarter, higher than the previous on higher commodity prices.
Benguet Corp. raises P440M via private placements
Benguet Corp., a listed mining company, said Wednesday it raised P440 million in fresh capital through two separate private placement agreements with Red Earth Mineral Resources Corp.
Nvidia Becomes World’s Most Valuable Company—Briefly
For a fleeting moment on Monday, November 4, Nvidia claimed the title of the world’s most valuable company, briefly overtaking Apple.
