Corporate
DoubleDragon expanding global reach to spread income stream
DoubleDragon Corp. said Wednesday its investment overseas is meant to diversify its earnings source, reducing income dependence on one country in the long haul.
Maynilad reactivates deep wells, adding 19.38 MLD to existing supply
West Zone concessionaire Maynilad Water Services Inc. has completed the reactivation of 20 deep wells that now allows it to supply an additional 19.38 million liters per day (MLD) of potable water to businesses and households.
Bulk of MPIC 9-month income delivered by its power generation arm
Metro Pacific Investments Corp., only recently delisted, reported core income rising 37 percent in nine months to P16.2 billion from only P11.8 billion last year.
Banking, property, energy subsidiaries lift Ayala income to pre-pandemic level
Ayala Corp., one of the country's largest listed conglomerates, said Tuesday its nine-month net income surged 35 percent year-on-year to P32.3 billion, buoyed by strong results from its banking, property development, power generation as well as gains from the sale of MCX toll road.
Metrobank, Toyota Motor gains bolster GT Capital net income
GT Capital Holdings Inc. on Tuesday reported net income in the first nine months rising 54 percent to P23.09 billion, pushed higher by record gains from the investment holding company’s stake in the Metropolitan Bank & Trust Co. and Toyota Motor Philippines.
