Corporate

Filreit 2022 income falls 29% on weak office performance

Filinvest REIT Corp., the flagship commercial real estate investment trust of the Gotianun group, reported net income of P1.31 billion in 2022, a 29 percent drop from the previous year’s P1.85 billion. 

Monde Nissin focuses on APAC branded food and beverage business

Listed food company Monde Nissin Corp. said Wednesday its board approved the reallocation of P2.14 billion in capital expenditures to its Asia Pacific branded...

Crown Asia net income tamed by taxes, moderate revenue growth

Crown Asia Chemicals Corp., a listed manufacturer of plastic compounds, plastic pipes, and other related products, said Wednesday net income last year was 2 percent higher at P228.9 billion, tamed by moderate growth in total revenue and higher income taxes.

Megawide declares P53M cash dividend for preferred shares

Megawide Construction Corp. said Wednesday its board has declared a quarterly cash dividend of P1.325 for each of its series 4 preferred shares. The cash...

DoubleDragon launches another tap offering on $160 million bonds

DoubleDragon Corp., a property developer diversifying into hospitality, has launched a tap offering on $160 million senior guaranteed notes maturing in 2025. The company’s wholly owned...

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