Tag: Net Income

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BPI posts ₱16.6B net income in 1Q

Corporate Context.ph Context.ph -
The Bank of the Philippine Islands (BPI) reported a net income of ₱16.6 billion for the first quarter as strong revenue growth offset increased operating expenses and provisions for credit losses.

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PSE sets Robinsons Retail delisting on Aug 31

Corporate 0
Robinsons Retail Holdings Inc. (RRHI), part of the Gokongwei Group, is set to end its tenure as a publicly listed company at the end of August, after the Philippine Stock Exchange approved its petition for voluntary delisting.

Aboitiz pushes circular economy across businesses 

Social Responsibility & Sustainability 0
The Aboitiz Group is broadening its circular economy strategy across its businesses, seeking to turn waste, water, energy, and other resources into inputs for other industries as rapid urbanization and industrial growth put mounting pressure on infrastructure and natural resources.

GAC expands Philippine hybrid push with GS4 MAX

Transport & Logistics 0
GAC Motor Philippines is widening its hybrid lineup with the launch of the GS4 MAX HEV, offering Filipino families a more accessible entry into electrified mobility as competition in the country’s hybrid vehicle market intensifies.

Dominion Holdings board approves merger with Tampakan Copper-Gold project owner

Corporate 0
Dominion Holdings Inc., a company controlled by the Sy family, has secured board approval for a merger with Indophil Resources Phils. Inc. and Sonar Holdings Inc., the latter holding voting rights in Sagittarius Mines Inc. — the entity behind the Tampakan Copper-Gold Project in South Cotabato. Widely recognized as Southeast Asia’s largest undeveloped copper and gold deposit, Tampakan carries an estimated gross value reaching $200 billion.

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