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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Sun Life keeps quarterly dividend unchanged

Banking & Insurance 0
Canada-based insurance firm Sun Life Financial Inc. declared an unchanged quarterly dividend of CAD0.96 per common share, payable on Sept. 29 to shareholders of record as of Aug. 26.

DMCI profit jumps as mining, power offset Maynilad drag

Corporate 0
DMCI Holdings Inc. posted stronger second-quarter earnings as record contributions from its nickel mining business and resilient results from its power, real estate and construction units more than offset a weaker contribution from Maynilad Water Services following the utility's initial public offering.

Marcos grants PEZA status to Aboitiz Batangas IT hub

Property 0
President Ferdinand R. Marcos Jr. has declared the Aboitiz Group's Biz Hub at Lima Estate in Lipa City, Batangas as a special economic zone, paving the way for the mixed-use development to attract more information technology and business process management (IT-BPM) investments outside Metro Manila.

Holcim expands road safety campaign before school reopening

Construction 0
Holcim Philippines has expanded its nationwide road safety campaign ahead of the opening of classes, reinforcing efforts to reduce traffic accidents by educating drivers, pedestrians, cyclists, and communities about one of the most overlooked hazards on the road: vehicle blind spots.

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