Corporate

San Miguel Food income rises 12% in 2022

San Miguel Food and Beverage Inc. on Wednesday reported profits in 2022 growing 12 percent to P34.7 billion from the previous year’s P31.41 billion despite heightened geopolitical tensions, inflationary pressures and supply chain challenges.

Toll operations, power push 2021 MPIC core income 15% higher

Conglomerate Metro Pacific Investments Corp. on Wednesday bared core net income in 2022 reaching P14.2 billion, up 15 percent from P12.3 billion the previous year on strong recovery of its toll road traffic and growth in power consumption. 

Synergy Grid declares P914.7M in cash dividends

Synergy Grid & Development Philippines Inc., which indirectly holds a significant stake in National Grid Corp., said Wednesday its board approved the declaration of P0.1737 a share cash dividend for the first quarter of 2023.

ACEN shareholders will have full plate at April 27 meet

ACEN Corp. on Wednesday told the stock exchange its shareholders will decide on a slew of matters during their annual meeting set on April...

PSE halts trading on AREIT due to Ayala Land deal

The Philippine Stock Exchange halted for an hour on Wednesday the trading on AREIT Inc. after a prior disclosure by the listed real estate...

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