Corporate
MPIC reports record core income of P20.8B over 9 months
Metro Pacific Investments Corp. (MPIC), the delisted infrastructure conglomerate, reported a record core net income of P20.8 billion for the first nine months of the year, a 28 percent increase from P16.2 billion in the same period last year.
Robinsons Land nine-month profit up 13% on portfolio gains
Robinsons Land Corp., the property arm of the Gokongwei Group, saw nine-month net income rise 13 percent year-on-year to P10.01 billion on the back of growth across its real estate portfolio.
SMFB income grows 11% in first nine months
San Miguel Food and Beverage Inc. (SMFB) reported an 11 percent increase in net income for the first nine months of 2024, reaching P30.4 billion, up from P27.48 billion in the same period last year.
D&L Industries 3Q net income off 11%
D&L Industries Inc. said Wednesday third-quarter net income declined 11 percent to P493 million, still weighed down by the higher cost base resulting from the commissioning of new facilities at its Batangas plant.
Higher gold, copper prices buoy Philex earnings
Philex Mining Corp. generated P200 million in core net income and earnings before interest, taxes, depreciation and amortization of P506 million in the third quarter, higher than the previous on higher commodity prices.
