Corporate
LT Group earnings hurt by higher operating expenses, lower tobacco income
Higher operating expenses and lower contributions from affiliates and joint ventures weighed down the first-half net income of LT Group Inc., the investment holding...
Inflationary headwinds on brandy sales moderate Emperador earnings
Strong demand for whisky continued to drive sales at Emperador Inc. although the gains were diluted by inflationary pressure, particularly on brandy.
The Philippine-based global...
Unrealized sales help keep 8990 income flat over six months
Mass housing builder 8990 Holdings Inc. reported net income proving flat in the first half of the year to P3.78 billion from last year’s...
Stiff Luzon competition, weak consumer spending hit Metro Retail earnings
Metro Retail Stores Group Inc., the retail network owned by the Gaisano Group, said Friday net income in the first half dropped nearly 38...
Shell Pilipinas rebounds in 2Q, eyes stronger growth in coming quarters
Shell Pilipinas Corp., the local unit of international energy group Shell, will continue to trim expenses and sustain its marketing strategy to grow profit,...
