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Saturday, April 27, 2024

Corporate

Robinsons Retail’s first-quarter income hit P5.1b after sale of stake in bank unit

Robinsons Retail Holdings Inc. (RRHI) of the Gokongwei Group said Friday its net income attributable to equity holders of the parent company grew 9.5 times in the first quarter of 2024 to P5.1 billion from P537 million in the same period last year. It said in a disclosure to the stock exchange the one-time gain resulting from the BPI-Robinsons Bank merger which closed earlier this year boosted the first-quarter profit. Minus...

Filinvest aims for 20% annual earnings growth in next 5 years

Filinvest Development Corp. (FDC) of the Gotianun Group said Friday it is...

Cebu Pacific commits to inclusive workforce  

Cebu Pacific said Friday it signed a three-year memorandum of agreement (MOA)...

Consunji Group acquiring Cemex Philippines for $305.6 million

The Consunji Group is entering the cement manufacturing industry through the acquisition...

LATEST Corporate

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Two industry groups turned bullish as November vehicle sales increased 14.2% to 26,456 units

Vehicle sales rose 14.2 percent in November to 26,456 units from 23,162 units in the same month last year, two industry groups said Monday. The...

Shakey’s Pizza to open two Project Pie stores

Shakey’s Pizza Asia Ventures Inc. said it revived Project Pie, an artisan pizza brand it acquired in 2019, with the opening of new stores...

ICTSI signs 15-year Madagascar deal

International Container Terminal Services Inc. and Société de Gestion du Port Autonome de Toamasina signed a 15-year extension of the concession for the Madagascar...

Jollibee to open stores in Scotland, Malaysia to sustain expansion

Restaurant chain operator Jollibee Foods Corp. is venturing into two new territories next year with the opening of stores in Scotland and Malaysia. Jollibee said...

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