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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UPS-Delbros Clark expansion strengthens Philippine global trade links

Transport & Logistics 0
An expanded logistics hub in Clark is strengthening United Parcel Service’s (UPS) freight operations in the Philippines and improving local businesses’ access to international markets as the global courier and Delbros Group respond to increasingly complex supply chain requirements.

ACEN reports Q3 loss on impairment charges; 9-month profit stays strong

Corporate 0
ACEN Corp. reported a net loss of P609 million in the third quarter of 2026 after booking provisions and impairment charges for wind and solar assets, even as stronger generation and contributions from new projects lifted consolidated net income for the first nine months by 84 percent to P3.3 billion.

BSP, GCash shift focus from account access to financial health

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) and GCash are urging financial institutions to shift their focus from simply opening accounts to helping Filipinos build savings, manage emergencies and gain access to insurance and investments.

DOF backs USD250M World Bank loan for skills training

Finance 0
The Department of Finance (DOF) has endorsed a proposed...

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