COL Financial Group, the stockbrokerage giant founded by online investments pioneer Edward Lee, posted a 13.1 percent increase in net income to P131.38 million in the first quarter of 2025, even as revenues declined.
Online investments pioneer Edward Lee, founder of COL Financial Group, is shutting down the company’s Hong Kong unit after two decades amid rising competition and shrinking earnings, choosing to focus on growing its core Philippine segment.
Business tycoon James L. Go, chair of Universal Robina Corp. (URC), is back in bargain-hunting mode, snapping up shares of the food and beverage giant that analysts see as undervalued.
Tycoon Manuel V. Pangilinan stated that Manila Electric Co. remains “considerably undervalued” despite its prospects, acknowledging that growth has not translated into share price gains.