Corporate

Concepcion Industries buck weak sales to post strong 1Q income

Concepcion Industrial Corp. said Thursday first-quarter net income tripled to P93.2 million from P30.6 million as cost-efficiency measures allowed the listed provider of consumer...

PXP Energy widens net loss in 1Q in lower oil lifting, price

PXP Energy Corp., the oil exploration unit of Philex Mining Corp., said Thursday its first-quarter net loss widened to P6.1 million from P2.7 million...

SMIC sets aside P90 billion as capex this year 

SM Investments Corp. on Wednesday has set aside P90 billion as capital expenditures this year the bulk of which will be carried out by...

PGMC starts shipping nickel ore to China 

Platinum Group Metals Corp., the Cagdianao mine of listed firm Global Ferronickel Holdings Inc.  in Surigao del Norte, has started shipping nickel ore to...

Balai ni Fruitas post-IPO expansion bolsters 2022 earnings

Balai ni Fruitas Inc., a listed counter service bakery operator, on Tuesday posted a P37 million net income last year as sales got a...

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