Corporate
Banking, car, insurance businesses nudge GT Capital net income higher in 1Q
GT Capital Holdings Inc. said Thursday its banking, car and insurance businesses lifted first-quarter net income by 7 percent to P7.11 billion.
Leviste eyes more ABS-CBN shares; plans industrial estate for Roxas Holdings’ Nasugbu property
Leandro Leviste, founder of Solar Philippines, one of the largest integrated solar farms developers, said his constant search for value has led him to the acquisition of a substantial stake in ABS-CBN Corp., whose bottomline has been bleeding red since Congress decided not to renew its broadcast franchise in 2020.
Nasugbu LGU asks Roxas and Co. to settle unpaid tax obligations
The local government of Nasugbu in Batangas is seeking payment for alleged unpaid real property taxes it claims exceeding P1 billion from Roxas and Co. Inc.
DMW’s 1Q net income grows to ₱551 million
D.M. Wenceslao and Associates, Inc.’s (DMW) first-quarter net income grew to ₱551 million, buoyed by robust leasing operations.
Lower nickel price, losses on investments hurt Nickel Asia earnings
Nickel Asia Corp., a listed mining firm, reported a sharp drop in first-quarter net income to P202 million from P970 million in the year-earlier period on account of a drop in nickel prices and continuing loss on its investments in two high-pressure acid leach plants.
