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Saturday, May 4, 2024

Corporate

URC’s first-quarter profit climbed 21% on forex gains, sales growth

Food manufacturer Universal Robina Corp. (URC) saw its net income attributable to equity holders of the parent company increase 21.3 percent to P4.14 billion in the first quarter of 2024 from P3.41 billion in the same period last year on the back of a steady growth in sales and higher foreign exchange gains. URC said in a financial report filed with the Philippine Stock Exchange its consolidated sales of goods...

DMCI eyes Cemex recovery in 2025 despite low demand

Consunji-led conglomerate DMCI Holdings, Inc. said Tuesday it expects Cemex Holdings Philippines...

Haus Talk’s income rises 23% to P242m on new projects

Real estate development firm Haus Talk, Inc. said Tuesday its net income...

Ayala, New Zealand agency explore business opportunities

Conglomerate Ayala Corp. said Tuesday it signed a cooperation arrangement with New...

LATEST Corporate

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PAL prepares for long-term growth after Chapter 11 exit

Philippine Airlines Inc. said over the weekend it is well-positioned for long-term growth after it emerged from voluntary Chapter 11 proceedings. PAL said it successfully...

Filinvest Land’s REIT unit to infuse 8 buildings, expand lease area by 55%

Filinvest REIT Corp., the real estate investment trust company of Filinvest Land Inc., said over the weekend it plans to infuse eight more buildings...

Insurance executive excited with merger of Unionbank, Citi PH

Insular Life Assurance Co. Ltd. executive chairman Nina Aguas, the first female regional audit director in Citibank and the first woman country manager in...

Golden Haven bags 2 national awards for 2021

Golden Haven Memorial Parks Inc. received national awards from the Q Asia’s Quality Excellence Awards and Philippine Top Choice Awards for excellence and outstanding...

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