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Saturday, July 27, 2024

Corporate

Concepcion Industrial’s first-semester net income jumped to P412m

Concepcion Industrial Corp. (CIC), the country’s leading provider of consumer lifestyle and enterprise solutions, said Friday net income attributable to parent equity holder more than doubled to P412.3 million in the first half of 2024 from P216.45 million in the same period last year. CIC, in a disclosure to the stock exchange, attributed the positive first-half performance to strong demand for air-conditioning products amid hot weather condition in the second...

Robinsons Retail names new president and CEO

Robinsons Retail Holdings Inc. (RRHI), the retail arm of the Gokongwei Group,...

Base Bahay Foundation welcomes new general manager

Base Bahay Foundation Inc. (BASE) announced that on July 1, 2024, Luis...

Jollibee raising $111m to acquire Compose Coffee

Fastfood chain operator Jollibee Foods Corp. (JFC) said it plans to raise...

LATEST Corporate

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AEV’s profit rose 10% to P11.5b in first half

Conglomerate Aboitiz Equity Ventures Inc. (AEV) said Thursday it booked net income of P11.5 billion in the first half of 2024, up 10 percent...

Pryce’s profit grew 61% in first half on higher LPG margins in Luzon

Listed Pryce Corp. said Thursday its net income went up 61 percent in the first half of 2024 to a record P1.32 billion from...

Maxicare opens own primary care clinics for members’ comfort

Maxicare Healthcare Corp. said it established primary care clinics to provide quality healthcare services to Filipinos, with locations that were carefully studied to give...

GCash provides relief to borrowers

GCash, through its credit arm Fuse Lending, announced a two-week payment grace period for GLoan and GGives borrowers affected by Typhoon Carina. “Understanding the importance...

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