Corporate
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.
PXP Energy narrows 9-month net loss on higher Galoc output
PXP Energy Corp., the oil and gas arm of Philex Mining Corp., said Thursday it recorded a net loss of P22.9 million in the...
BDO 9-month net profit soars35% on loan, deposit growth
BDO Unibank Inc., the Philippines’ largest lender by assets, said net income in the nine months through September surged 35 percent year-on-year to P53.9...
