Corporate
Cebu Landmasters earnings growth reflect strength of VisMin market
Listed property developer Cebu Landmasters Inc. said Tuesday net profit in the nine months through September rose 7 percent to P2.32 billion, driven higher by still robust real estate demand in its home market in the Visayas and Mindanao.
URC reports modest third-quarter growth in sales, margin expansion
Universal Robina Corporation (URC) posted a 1 percent year-on-year increase in sales for the nine months ending 30 September 2024, reaching P118.9 billion, driven by volume-led growth but tempered by product mix and foreign exchange fluctuations.
SEC secures court conviction of Emgoldex operators
The Securities and Exchange Commission (SEC) successfully secured the conviction of key individuals behind Prosperous Infinite Holdings Phils. Corp. (PIHPC), the operator of the controversial Emgoldex Philippines investment scheme.
Philippine Airlines Q3 profit drops 87%, sees challenges in business environment
The Philippine Airlines (PAL) reported a significant drop in net income in the third quarter this year, posting only USD13 million, a sharp 86.7 percent decline from USD98 million in the same period last year.
Cosco Capital posts 10% growth in earnings
Cosco Capital said the steady recovery of the economy has helped sustain consumer demand that has fueled revenue growth across its business portfolio that includes retailing via Puregold Price Club Inc. and S&R Membership Shopping Club, liquor distribution, commercial real estate, energy and minerals, and specialty retail.
