Corporate
Vitarich earnings gets boost from improved operations, cost management
Vitarich Corp., a listed poultry integrator and manufacturer of animal feeds and food products, said its first-half net income surged to P167.0 million, bolstered by improved operations and strict cost management.
Emperador reaches deal with Arran for 6-month extension of ELS shares conversion
Emperador Inc., a leading player in the global spirits industry, said Monday it reached an agreement with Arran Investment Pte Ltd for a six-month extension of the conversion period to tranche 2 ELS shares to February next year.
Sham BBM group scams unwitting Visayas, Mindanao investors without mercy
The Securities and Exchange Commission has advised the investing public not to engage with the Bagong Bansang Maharlika (BBM) International Inc., a group whose registration has been revoked due to illegal solicitation of investments.
Earnings from shopping malls, offices, hotels lift Robinsons Land income in 1H
Robinsons Land Corp., the property arm of the Gokongwei Group, on Friday reported a 25 percent year-on-year surge in first half net income to P7.25 billion, with double-digit gains in earnings from shopping malls, offices, hotels and warehouses more than making up for the slack in residential and joint venture projects.
Filreit shrugs off tenant rightsizing and reports 7% first-half income expansion
Filinvest REIT Corp., the real estate investment trust of the Gotianun group, reported income in the first half of the year growing 7 percent to P601 million from last year’s P561.3 million.
