Corporate
Steady product demand, subscriber growth drive Converge earnings higher in 1H
Converge Information and Communications Technology Solutions Inc. said Wednesday net income in the first half rose 24 percent to P5.3 billion as the Philippines’ only pure-play high-speed fixed broadband operator continued to expand its subscriber base on the back of steady demand for its various services.
Jollibee growth momentum gathers in 2Q, upgrades operating income forecast for 2024
Jollibee Foods Corp., one of the largest Asian food service companies, said Wednesday net income growth gathered pace in the second quarter, rising 31...
Adequately funded Phinma education arm defers planned IPO another 5 years
Conglomerate Phinma Corp. has put off the already delayed listing of Phinma Education Holdings Inc. (PEHI) by another five years.
PLDT posts flat 1H net income as Maya losses temper revenue gain
PLDT Inc. the country’s largest integrated telecommunications group, on Tuesday reported first-half net income barely changed at P18.41 billion, with revenue gains tempered by losses from Maya Innovations Holdings.
Cebu Landmasters’ earnings get strong push from hotel, leasing businesses
Cebu Landmasters Inc., a listed property developer whose home market is in the Visayas and Mindanao, on Tuesday said net profit in the first half rose 24 percent to P1.7 billion on the back of gains from hotel and leasing business, revenue recognition in ongoing projects, and one-off lot sale proceeds.
