Corporate
Banking, property, energy subsidiaries lift Ayala income to pre-pandemic level
Ayala Corp., one of the country's largest listed conglomerates, said Tuesday its nine-month net income surged 35 percent year-on-year to P32.3 billion, buoyed by strong results from its banking, property development, power generation as well as gains from the sale of MCX toll road.
Metrobank, Toyota Motor gains bolster GT Capital net income
GT Capital Holdings Inc. on Tuesday reported net income in the first nine months rising 54 percent to P23.09 billion, pushed higher by record gains from the investment holding company’s stake in the Metropolitan Bank & Trust Co. and Toyota Motor Philippines.
RCBC net income lower as expenses rose faster
Rizal Commercial Banking Corp. said Tuesday net profit in the nine months declined to P9.03 billion from P10.06 billion in the year-earlier period, hurt by the faster growth in expenses.
Strong performance of various units drive earnings of San Miguel higher
San Miguel Corp., a diversified investment holding company, said Tuesday net profit in the nine months through September was almost 1.5 times higher at...
Manila Water posts 61 percent income expansion
Manila Water Co. Inc. booked a 61 percent jump in net income in the first nine months totaling P7.26 billion versus only P4.52 billion in the same period in 2022.
