Corporate
SEC approves DITO’s follow on offer
The Securities and Exchange Commission (SEC) on Thursday approved the P4.2 billion follow-on offering of the country’s third telecom firm DITO CME Holdings Corp.
Falling advertising revenue pushes six-month GMA Network Inc. profit 49% lower
GMA Network Inc. on Thursday reported a 49 percent decline in net profit in the first half of the year that it attributed to lower advertising revenue.
ABS-CBN trims 1H net loss by 5%
ABS-CBN Corporation on Thursday reported a 5 percent drop in net loss to P2.1 billion in the first six months this year from a net loss of P2.2 billion inthe same period last year. p
Filinvest Development earnings soar on gains from banking, property, power ventures
Filinvest Development Corp., the diversified investment holding company of the Gotianun Group, said Thursday net income surged 41 percent to P5.5 billion in the first half, bolstered by gains from its banking, property and power businesses.
AREIT earnings surge on gains from recent strategic acquisitions
AREIT Inc., the real estate investment trust of the Ayala Group, posted a 44 percent year-on-year increase in first-half net income to P2.9 billion,...
