Corporate
ICTSI reports 31% surge in net income over nine months
The International Container Terminal Services, Inc. (ICTSI) on Tuesday announced a robust 31 percent increase in net income for the first nine months of 2024, reaching $632.58 million, up from $484.54 million during the same period last year.
Petron posts higher revenue despite challenges
Petron Corp., the oil company of San Miguel Corp., said total revenue in the first nine months of the year rose by 12 percent year-on-year to P657.93 billion, driven mainly by a significant increase in sales volume.
IMI cuts losses amid declining revenue
Integrated Micro-Electronics Inc. (IMI), led by Ayala Corporation, reported a significant reduction in losses for the first nine months of 2023.
SEC urges corporations to meet ECIP deadline to avoid fines
The Securities and Exchange Commission (SEC) on Monday reminded corporations they have less than a month to take advantage of its Enhanced Compliance Incentive Plan (ECIP) program which ends on 30 November this year.
Converge expects 12% growth in 2024 revenue
Converge Information and Communications Technology Solutions Inc., the fixed broadband company of Pampanga-based businessman Dennis Uy, on Monday said it expects revenue this year to increase by 12 percent up to14 percent from P35.36 billion, sustaining a growth rate seen in the first half of the year.
