Corporate

Higher margins trump weak net sales, Llft Metro Retail 1Q earnings

  Metro Retail Stores Group Inc. reported a net income of P60.0 million in the first quarter, an 80 percent increase from P33.3 million last...

Soft cement demand pushes Holcim 1Q income down 2% 

Cement firm Holcim Philippines Inc. said its first-quarter income this year proved 2 percent lower to only P412.95 million from last year’s P420.61 million on...

Phinma 1Q income down 2%

Phinma Corp. on Friday reported income falling 2 percent in the first three months this year to P484.56 million from last year’s P493.46 million.  Consolidated...

Globe unit taps FINSI to power two-wheel EV program

917Ventures, the Globe Group’s corporate venture builder, has tapped Fiber Infrastructure and Network Services Inc. (FINSI), a subsidiary of the Asticom Group of Companies,...

Acquisition of Cebu properties drive AREIT earnings higher

AREIT Inc., the real estate investment trust of the Ayala Group, said Friday first-quarter net income rose 27 percent year-on-year to P1.01 billion as...

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