Corporate

MREIT ups distributable earnings, expects pending acquisitions to drive earnings even higher

MREIT Inc., the real estate investment trust of listed property developer Megaworld Corp., said Wednesday it posted distributable income of P1.4 billion in the...

Prior year one-off gain continues to weigh down Jollibee earnings despite sales growth

Jollibee Foods Corp., the largest Philippine quick service restaurant group, on Wednesday reported a 14 percent decline in first half net income to P4.39...

Double-digit drop in sales undermine D&L earnings; prospects brighter with new Batangas factory

D&L Industries Inc. reported Wednesday a 28 percent fall in first half net income to P1.24 billion on account of a double-digit drop in...

Weak coal, nickel, construction businesses weigh down DMCI Holdings income

DMCI Holdings Inc., a listed diversified engineering conglomerate, said Wednesday its second quarter net income declined 9 percent year-on-year to P8.2 billion due to...

Property, retail, banking ventures drive SM Investments’ earnings

SM Investments Corp., the investment holding company of the Sy Group, said Wednesday net income in the first half surged 32 percent year-on-year to...

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