Corporate
Clark Water bares 15-year service improvement plan costing P5.5 billion
Clark Water, one of 20 domestic subsidiaries housed under Manila Water Philippine Ventures, itself a subsidiary of the Manila Water Co. Inc., has budgeted P5.56 billion as service improvement projects over the next 15 years or until 2040.
Ayala Land net profit rise 32% in 2023 to P24.5B on strong demand
Ayala Land Inc. said Tuesday strong demand and heightened consumer activity drove net income last year to P24.5 billion, up 32 percent year-on-year.
AREIT 2023 net income rises to P4.93B, declares P0.55/share dividend for 4Q
AREIT Inc., the listed real estate investment trust of the Ayala Group, reported Tuesday a 43 percent increase in net income last year to P4.93 billion, excluding the net fair value change in its investment properties.
Metro Pacific seeks more balanced portfolio, cool to regulated ventures
Metro Pacific Investment Corp. of business tycoon Manuel V. Pangilinan is being more careful in choosing projects it would invest in moving forward, with the bias on ventures that would promote a balanced investment portfolio for the group.
Mall revenue growth push SM Prime income 33% higher in 2023
Shopping mall operator SM Prime Holdings Inc. on Monday reported income growing 33 percent in 2023 to P40 billion from previous year’s P30.1 billion.
It...
