Thursday, 20 November 2025, 10:48 am

    Tag: Net Income

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    BPI posts ₱16.6B net income in 1Q

    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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    Megawide powers forward with oversubscribed listing

    Megawide Construction Corp. charged into year-end with fresh momentum as it successfully listed P3.0 billion worth of Series 7 Preferred Shares on November 19, an offer that ended 2.3 times oversubscribed.

    AI boom sends Nvidia shares higher

    Nvidia shares ticked up Tuesday after the world’s leading accelerated-computing powerhouse posted record third-quarter revenue of USD57.0 billion, a 22 percent jump from the previous quarter and a 62 percent surge from a year earlier, extending a scorching run fueled by relentless global demand for artificial-intelligence infrastructure.

    Visayas placed under Yellow Alert due multiple plant outages

    The National Grid Corporation of the Philippines (NGCP) placed the Visayas grid under a yellow alert on Wednesday, November 19, from 3 p.m. to 8 p.m., following the unavailability of several power plants.

    PH external buffers strengthen as peso faces persistent challenges

    The Philippines posted a US$706-million balance of payments (BOP) surplus in October, signaling an improvement in external accounts and helping lift the gross international reserves (GIR) to US$110.2 billion.

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