Corporate

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.

FiberX, SMEs fuel Converge’s 14% revenue jump in record-breaking quarter

Converge ICT Solutions Inc. reported a 29 percent increase in net income for the first nine months of 2024, reaching ₱8.2 billion, up from ₱6.4 billion during the same period last year.

Coffee acquisition, sales boom fuel nine-month JFC income surge

Jollibee Foods Corp. reported a 23 percent increase in net income for the first nine months of 2024, reaching ₱8.87 billion, up from ₱7.22 billion during the same period last year.

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