Corporate

Filinvest REiT declares entire 1Q net profit as cash dividend

Filinvest REIT Corp., the listed real estate investment trust of Filinvest Land Inc., said Friday its board approved the declaration of P304 million of distributable income as cash dividend for shareholders on record 24 May.

“Somebody very dissimilar to me”

Chairman Manuel V. Pangilinan on Thursday hinted broadly of his exit as president and CEO at PLDT as soon as next year.

Monde Nissin income rises 53% in Q1

Monde Nissin Corp. said its core income rose 53 percent in the first quarter to P2.88 billion from last year’s P1.87 billion due to record profits at its branded food group. 

Megaworld 1Q 2024 income rises 10%

Megaworld Corp., the property development arm of businessman Andrew Tan, reported net income growing 10 percent in the first three months this year to P5.02 billion from last year’s P4.55 billion as real estate sales and shopping mall rentals performed well during the period. 

PLDT 1Q profits rise 9% to P9.8 billion

PLDT Inc. on Thursday reported a 9 percent increase in net profit in the first quarter this year, boosted by its data and broadband businesses.

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