Corporate
Customer inventory drawdowns in 1Q pull DNL earnings lower
Chemicals manufacturer D and L Industries Inc. reported low earnings in the first quarter this year of only P594 million, down 24 percent from...
Metrobank reports 31% net income growth to P10.5 billion in 1Q
Metropolitan Bank and Trust Co. net earnings rose by 31.3 percent to P10.5 billion in the first quarter of 2023 from a year ago....
SM Investment completes tender for 2Go shares; deal value at P5.16 billion
SM Investments Corp., the investment holding company of the Sy family, said Friday it completed the purchase of 352.7 million common shares of 2Go...
Large one-off gain last year undermines Globe 1Q earnings
Globe Telecom Inc., the second largest telecom company in the country, said Friday its first quarter net income dropped 47 percent to P7.3 billion...
Ayala prices preferred share re-issue at P2,500 apiece
Ayala Corp. has priced some 4 million class A preferred shares at P2,500 apiece under a reissuance exercise seen raising at least P20 billion...
