Corporate

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...

Robust domestic gaming market, gain from asset sale bolster Bloomberry Earnings

Bloomberry Resorts Corp., the hotel, resort and gaming business of tycoon Enrique Razon Jr., reported Wednesday  that consolidated net income in the first half...

Booze, infrastructure, cement businesses prop up San Miguel earnings 

Diversified conglomerate San Miguel Corp. said Wednesday first half net income rose 18 percent year-on-year to P23.3 billion on the lift provided by its...

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