Corporate
Maynilad intensifies leak repairs to manage non-revenue water losses
West Zone concessionaire Maynilad Water Services Inc. bared plugging more than 27,000 pipe leaks as of the third quarter this year, bringing the total leak repairs to 485,319 since its re-privatization in 2007.
Max’s commissary extends power supply pact another four years
Aboitiz Power Corp. recently renewed its retail electricity supply partnership with NoBia Inc., the commissary of the Max’s Group of companies.
Phoenix Petroleum crafting sale and leaseback pact with BDO
Phoenix Petroleum Philippines Inc. is planning a P9 billion sale and leaseback agreement with its creditor BDO Unibank Inc. that will allow the heavily indebted company to pay back what it owes the lender and still be in a position to recover.
Robinsons Retail income falls 41%
Robinsons Retail Holdings Inc., the retail arm of the Gokongwei group, reported attributable income falling 41 percent to P2.58 billion over nine months this year from last year ’s P4.4 billion.
LPG sales fuel Pryce Corp 9-month net to record high
Pryce Corp. said Thursday it booked a record-high P1.58 billion net profit in the nine months through September, a 28 percent increase from the year-earlier period due mainly to strong sales of industrial and cooking gas.
