Corporate

Wilcon income plummets 22% amid soft demand

Wilcon Depot Inc. on Monday reported a 22 percent decline in net income in the first nine months this year, dropping to ₱2.11 billion from ₱2.72 billion last year, driven by sluggish demand for home improvement products.

Megawide: Citicore to acquire 16M preferred shares

Megawide Construction Corp. said its board approved an increase in its preferred shares to facilitate the entry of Citicore Holdings Investment Corp.

Tanduay sells stake in Negros distillery Asian Alcohol Corp.

Tanduay Distillers, Inc., the liquor and spirits arm of the Lucio Tan Group, said it divested itself of Asian Alcohol Corp., the second largest distillery in the Philippines located in Negros Occidental.

Robinsons Retail posts strong 3Q performance

Robinsons Retail Holdings, Inc., a listed member of the Gokongwei Group, said Friday net profit in the third quarter jumped 29 percent year-on-year to...

Ayala Land declares cash dividend worth P4.29B

Ayala Land Inc., the property development arm of Ayala Corp., said its board approved the declaration of a regular cash dividend of P0.2913 per common share for the second half of 2024. 

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