Corporate
Cemex already spent bulk of rights offer proceeds for Solid Cement expansion
Cemex Holdings Philippines Inc., a listed cement manufacturing group, said Tuesday it spent around 86 percent of the P12.77 billion it raised from a stock rights offer conducted in 2020.
Balai Ni Fruitas distributing Balai Pandesal baked goods In Cebu
Balai ni Fruitas Inc., a listed subsidiary of food group Fruitas Holdings Inc., said Tuesday it has engaged supermarkets and convenience stores to distribute...
Metro Retail Store still have funds left for shares buyback
Metro Retail Stores Group Inc., a listed company that owns and operates supermarkets and department stores, said Tuesday it already spent P212.4 million of...
Cemex Holdings suffers P1B net loss in 2022 on weak cement demand, FX losses
Listed cement manufacturer Cemex Holdings Philippines Inc. said Tuesday it suffered a P1-billion net loss in 2022, with higher cement prices not enough to offset the decline in sales volume, higher fuel cost, and foreign exchange losses.
Challenging 2022 economic landscape pushed SCG Philippines profits south
SCG Philippines, which locally markets its cement and building materials directly from facilities in Thailand, has reported continued profitable if significantly eroded operations in...
