Corporate

Acquisition of Cebu properties drive AREIT earnings higher

AREIT Inc., the real estate investment trust of the Ayala Group, said Friday first-quarter net income rose 27 percent year-on-year to P1.01 billion as...

Store network expansion drives Puregold earnings

Puregold Price Club Inc. said Friday first-quarter net income rose 12 percent year-on-year to P2.4 billion as sales continued to rise on the back...

Manpower, tech investments squeeze Security Bank 1Q net income

Security Bank Corp., the country’s 10th largest lender by assets, said Friday first-quarter net income stood at P2.4 billion, driven by growth in core businesses...

Strong air travel recovery sends PAL results soaring

Philippine Airlines Inc., better known as PAL, said Friday first-quarter net income surged nearly five times to $108.2 million from $22.6 million in the...

Expansion, strong consumer spending propel Figaro Group earnings

Listed quick-service food company Figaro Coffee Group Inc. said Friday that net income increased 52 percent year-on-year to P99.3 million in its third quarter...

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