Fast food giant Jollibee Foods Corp. on Thursday reported net income last year rising 26 percent to P7.55 billion from previous year’s P5.5 billion, despite weaker fourth-quarter profits.
Converge ICT Solutions Inc. on Thursday reported net income falling 33 percent in the fourth quarter last year due to "poor quality" of subscribers acquisition and higher financing and operating costs.
East zone concessionaire Manila Water Co. Inc. has adopted measures optimizing output production of its water sources and treatment plants preparatory to the expected increase in demand in the dry and hot summer months ahead.
The Pasay Metropolitan Trial Court has found the officials of an incorporating lending firm of submitting falsified documents in their bid to have their business registered with the Securities and Exchange Commission (SEC).