Corporate
Petron reports 9 percent income growth
Petron Corp. reported a 9 percent increase in consolidated net income for 2022 totaling P6.7 billion from only P6.1 billion the previous year.
Atlas Consolidated profit falls on higher fuel prices, lower mine output
Atlas Consolidated Mining and Development Corp. said Monday net income last year declined 17 percent to P3.2 billion from P3.9 billion in 2021, pulled down by higher fuel costs, as well as lower mine output and copper price.
Century Properties eyes P3-B from retail bond sale
Century Properties Group Inc., a listed real estate developer, said Monday it secured regulatory approval to raise as much as P3 billion from the sale of fixed-rate retail bonds.
SEC extends deadline of submission of financial statements
The Securities and Exchange Commission (SEC) has extended the deadline for the submission of annual financial statements of corporations this year.
Guidelines released on VAT zero rating of ecozone logistics providers
The Bureau of Internal Revenue (BIR) has laid out the guidelines on how ecozone logistics service enterprises (ELSEs) can avail of value-added tax (VAT) zero rating after these are confirmed eligible for the incentive.
