Corporate
PAGCOR gross gaming revenue surges in 1H on gains from e-games
The Philippine Amusement and Gaming Corp. has reported a 25 percent increase in gross gaming revenue in the first half of 2024, reaching a total P170.93 billion. The surge in gaming revenue was traced to significant growth in betting activities on electronic games, which more than compensated for declines in casino and bingo revenue.
Six-month PSE income down 5% on tepid trading
The Philippine Stock Exchange Inc. on Thursday reported first-half net income falling 5 percent to P398.02 million from last year's P417.51 million on lower trading gains.
Slower first-half port operations push ATI income 18% lower to P1.76 billion
Asian Terminals Inc. (ATI) on Thursday reported an 18.2 percent decline in net income over six months this year to P1.76 billion compared to the same period in 2023.
SEC approves DITO’s follow on offer
The Securities and Exchange Commission (SEC) on Thursday approved the P4.2 billion follow-on offering of the country’s third telecom firm DITO CME Holdings Corp.
Falling advertising revenue pushes six-month GMA Network Inc. profit 49% lower
GMA Network Inc. on Thursday reported a 49 percent decline in net profit in the first half of the year that it attributed to lower advertising revenue.
