Corporate

JG Summit reports 16% income growth despite inflation pressures

JG Summit Holdings Inc., the flagship holding firm of the Gokongwei group, announced a 16 percent increase in attributable net income in the first nine months to P17.9 billion from P15.37 billion in the same period last year.

Ayala Corp. posts solid growth with strong core businesses driving performance

Ayala Corporation, one of the country's largest conglomerates, reported a 5 percent increase in attributable net income in the first nine months of the year reaching ₱33.96 billion, up from ₱32.31 billion in the same period last year.

Cebu Pacific navigates rough skies: Q3 losses weighed down by costs, but revenue soars 11%

Cebu Air, Inc., the parent company of Cebu Pacific, reported net income of P3.4 billion in the first nine months of 2024, down 33 percent from the same period last year.

Tanduay eyes growth in Latin America with Mexico as key market

Tanduay Distillers Inc., the spirits arm of tycoon Lucio Tan, is ramping up its international expansion with a strategic push into Latin America.

SM Investments posts nine-month 9% profit growth in 2024, powered by banking and property

SM Investments Corporation (SM Investments) reported a 9 percent year-on-year increase in consolidated net income for the first nine months of 2024, reaching P60.9 billion, up from P55.9 billion in the same period last year.

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