Corporate
Substandard rebars found in N. Luzon
Substandard steel bars (rebars) have been found in various provinces in northern Luzon in random test buys conducted by the Philippine Iron and Steel Institute (PISI).
Vista land saw double-digit growth in 1H earnings on portfolio expansion
Vista Land & Lifescapes Inc., a listed unit of the Villar Group, posted net income of P6.4 billion for the first half, an 11 percent increase from last year as the leading integrated property developer and the country's largest homebuilder continued to expand its development portfolio.
PAGCOR gross gaming revenue surges in 1H on gains from e-games
The Philippine Amusement and Gaming Corp. has reported a 25 percent increase in gross gaming revenue in the first half of 2024, reaching a total P170.93 billion. The surge in gaming revenue was traced to significant growth in betting activities on electronic games, which more than compensated for declines in casino and bingo revenue.
Six-month PSE income down 5% on tepid trading
The Philippine Stock Exchange Inc. on Thursday reported first-half net income falling 5 percent to P398.02 million from last year's P417.51 million on lower trading gains.
Slower first-half port operations push ATI income 18% lower to P1.76 billion
Asian Terminals Inc. (ATI) on Thursday reported an 18.2 percent decline in net income over six months this year to P1.76 billion compared to the same period in 2023.
