Corporate
Telco executives grateful for forensic audit outcome of P48B capex overruns
PLDT Inc. executives on Thursday heaved a collective sigh of relief following the completion of a forensic audit into elevated capital expenditures (capex) for the period 2019 to 2022.
Ovialand files for a P2.2 billion IPO
Socialized housing developer Ovialand Inc. is set to go public under a P2.21 billion initial public offering (IPO) at the Philippine Stock Exchange (PSE).
Ovialand...
Consumer sales, ad revenue help cut ABS-CBN 2022 losses by 54%
ABS-CBN Corp. on Thursday reported a sharp 54 percent reduction in net loss to only P2.6 billion in 2022 from P3 billion in 2021...
PLDT core profits widen to P33.1B last year
PLDT Inc. on Thursday reported telco core net income growing 10 percent last year despite the challenging economic environment.
The country’s largest telco said telco...
PLDT breaches P100B mark in 2022 EBITDA
PLDT, the country’s largest integrated telecommunications company, on Thursday reported 4 percent more revenues in 2022 totaling P190.1 billion.
In the final three months last...
