Corporate

RCBC net income jumped on strong asset growth

Rizal Commercial Banking Corp., the country’s sixth largest lender by assets, said Thursday first-quarter net income surged 70 percent year-on-year to P3.6 billion on...

Ayala Corp. units delivering strong earnings push 1Q income 31% higher

Conglomerate Ayala Corp. on Wednesday bared attributable net income rising 31 percent to P10.21 billion from previous year’s P7.8 billion, sustaining growth momentum from...

Bank profits push SMIC 1Q income 33% higher

SM Investments Corp., the holding firm of the Sy family, on Wednesday reported consolidated net income growing 33 percent to P17.3 billion in the...

Financing costs pull down Petron 1Q income

Petron Corp. posted a 5.5 percent drop in net income in the first quarter of the year to only P3.4 billion from P3.6 billion...

Gaming aficionados, foreign visitors buoy Bloomberry earnings

Bloomberry Resorts Corp., holder of the hotel and casino business of tycoon Enrique Razon, booked a net income of P3 billion in the first-quarter...

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