Corporate
Megawide operation in the black again after 9 months
Megawide Construction Corp. posted net income of P332.5 million over nine months this year to P332.54 million, a turnaround from losses of P970.42 million last year.
PSE income surges 20% higher even with fewer revenue
The Philippine Stock Exchange which operates the country’s equities trading platform and owns the bonds exchange said its nine-month income increased 20 percent to P575.65 million from last year’s P480.07 million.
Operating expense push 9-month MRSGI income lower
Metro Retail Stores Group Inc. reported net income falling 36 percent over nine months this year to only P254.6 million from last year’s P400.7 million due to higher operating expenses offset only partially by improvements in gross margins.
GMA Network profits fall 52 percent over nine months
GMA Network Inc. on Wednesday said its net income fell 52 percent in the first nine months when none of the expected political advertisements were forthcoming.
Strong earnings growth across business buoy Filinvest income
Filinvest Development Corp., the listed company that holds the investments of the Gotianun family, on Wednesday reported a 57 percent in nine-month net income to P5.9 billion on the back of double-digit growth in earnings of its various business interests, including banking, real estate, power and hospitality.
