Corporate
Tobacco business weighs down LT Group earnings; 1H net income down 2 percent
LT Group Inc., the investment holding company tycoon Lucio Tan, reported Tuesday a 2 percent decline in first-half net income to P12.80 billion, weighed down by weaker earnings from its tobacco business.
SMC reports strong first half with 15% revenue growth
San Miguel Corporation (SMC) reported strong results for the first half of 2024, with consolidated revenues reaching ₱789.0 billion, up 15 percent from the same period last year.
ICTSI delivers strong six-month income of $420.6 million
The International Container Terminal Services Inc. on Monday announced a 34 percent surge in net income to USD420.55 million in the first six months this year.
SEC green lights P5 billion Vista Land preferred share sale
Affordable housing developer Vista Land and Lifescapes, Inc. projects raising P5 billion from the sale of preferred shares that the Securities and Exchange Commission recently approved.
Property acquisition helps push CREIT six-month income rise 12%
Citicore Energy REIT Corp., the country’s largest renewable energy real estate investment trust, on Monday reported an 11 percent increase in net income in the first six months of the year to P693.41 million from only P621.03 million a year ago.
