Corporate earnings

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Thursday, 20 February 2025
2 days ago

Sy’s SM Prime posted record P45.6-B profit in 2024; eyes continued growth

The Sy family-led property giant SM Prime Holdings Inc. delivered its highest-ever net income of P45.6 billion in 2024, a 14 percent jump from 2023, as all business segments contributed to growth.
2 days ago

AUB posts 36% profit surge, record-low bad loans

Asia United Bank (AUB) delivered a 36-percent surge in net income to P11.3 billion in 2024, fueled by strong loan growth and a sharp reduction in loan loss provisions.
4 days ago

Montinola-led FEU’s 1st half profit grew to P650 million despite higher costs

The Montinola family’s Far Eastern University Inc. (FEU) posted a 7 percent increase in net income to P651.4 million for the first semester of its fiscal year, as revenue gains and stronger investment returns offset higher expenses.
10 Feb 2025
1:53PM

Alternergy revenues surge over 80%, fueled by clean power expansion

Renewable energy firm Alternergy Holdings Corp. (ALTER) saw operating revenues jump over 80 percent in the first half of fiscal year 2025, reaching P181 million from P100 million. This growth was largely driven by its Palau Solar Power Project, which began commercial operations in December 2023.
7 Feb 2025
11:57AM

Globe Cu’s saw uptick in competition last year, targets positive free cash flow in 2025

Globe is gearing up for a stronger 2025, targeting positive free cash flow (FCF) this year while managing pressure from the rising share of lower-margin data services and intensifying industry competition.
6 Feb 2025
5:58PM

Robinsons Retail’s 2024 profit soars on merger gain amid cautious consumer spending

Robinsons Retail closed 2024 with solid earnings growth, doubling net income to P10.3 billion, fueled by cost efficiencies and a major one-time gain from the Robinsons Bank-BPI merger.
3 Feb 2025
4:09PM

BPI posted P62-B profit in 2024, marking 3rd straight record year

Bank of the Philippine Islands (BPI) delivered its third consecutive year of record profits, posting a P62-billion net income in 2024, up 20 percent from the previous year.
3 Feb 2025
3:19PM

Heiress, UnionBank's new chief Ana Delgado bullish in 2025 after record revenues

Fifth-generation Aboitiz heiress and UnionBank of the Philippines’ newly appointed president and CEO Ana Aboitiz Delgado is confident in stronger results this year after a 31-percent jump in profits in 2024 to P12 billion.
29 Nov 2024
11:45PM

Lopez's Rockwell Land posts 12% profit jump in 1st 9 months, hits P14B in sales

Rockwell Land Corp., the property development arm of the Lopez family-led First Philippine Holdings Corp., saw profit rise 12 percent to P3.1 billion during the first nine months of 2024, its recent financial report showed.
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