Tag: Asia United Bank

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Asia United earnings rise on strong revenues, efficiency gains

Asia United Bank (AUB), along with its subsidiaries, sustained its profitability in the first nine months of 2025, driven by higher revenues and improved operational efficiency.

AUB hits record P6.1B 1H net profit

Asia United Bank  Corp. (AUB), the Philippines’ 12th largest lender, posted a record P6.1 billion net income for the first half, up 17 percent from P5.2 billion a year ago, nearly matching its full-year 2022 profit of P6.3 billion.

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DTI warns against buying uncertified FLAVA vape products 

The Department of Trade and Industry (DTI) has warned consumers against purchasing FLAVA, also marketed as XFLAVA, vape products, saying the items were smuggled into the country and are not authorized for sale or distribution in the Philippines.

Maynilad eyes long-term growth with infrastructure spending 

Maynilad Water Services Inc. expects sustained investments in water and wastewater infrastructure to underpin its long-term growth after delivering stronger earnings and operational improvements in the first half of 2026.

Antitrust agency clears ABC Energy stake in Alternergy unit

The Philippine Competition Commission (PCC) has approved ABC Energy Inc.'s acquisition of a 40 percent minority stake in Alternergy Tanay Wind Corp. and Alabat Wind Power Corp., ruling that the transaction is unlikely to lessen competition in the country's fast-growing renewable energy sector.

Seven Philippine firms join Forbes Asia elite list

Seven Philippine-listed companies have been named to Forbes Asia's 2026 Best Under A Billion list, underscoring the resilience of the country's mid-sized enterprises as they continue to grow despite a challenging global business environment.

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