Corporate
Pagcor terminates Global ComRCI contract
The Philippine Amusement and Gaming Corp. (Pagcor) said it is terminating the contract of Global ComRCI as third-party auditor for licensed offshore gaming operations.
ACEN 2022 earnings propped up by one-off gains, plans P70B capex this year
ACEN Corp. said Thursday that net income last year reached P13.1 billion, more than double the P5.25 billion the listed energy unit of the Ayala Group reported in 2021 because of revaluation gains as well as court-mandated provisions and a project in Vietnam.
San Miguel Food income rises 12% in 2022
San Miguel Food and Beverage Inc. on Wednesday reported profits in 2022 growing 12 percent to P34.7 billion from the previous year’s P31.41 billion despite heightened geopolitical tensions, inflationary pressures and supply chain challenges.
Toll operations, power push 2021 MPIC core income 15% higher
Conglomerate Metro Pacific Investments Corp. on Wednesday bared core net income in 2022 reaching P14.2 billion, up 15 percent from P12.3 billion the previous year on strong recovery of its toll road traffic and growth in power consumption.
Synergy Grid declares P914.7M in cash dividends
Synergy Grid & Development Philippines Inc., which indirectly holds a significant stake in National Grid Corp., said Wednesday its board approved the declaration of P0.1737 a share cash dividend for the first quarter of 2023.
