Wednesday, 3 July 2024
6 days ago
Nat Re profits surged 862% in 2023 on international agri reinsurance
The National Reinsurance Corporation of the Philippines reported a surge in net profits for 2023, fueled by robust international underwriting business and favorable catastrophe loss experience.
20 Jun 2024
8:18AM
Alliance Select Foods cuts losses by 25% with reduced overhead
The canned tuna company said this reduction was primarily driven by a 22% decrease in manufacturing overhead due to upgraded plant machinery, enhancing efficiency and plant utilization.
30 May 2024
4:39PM
Ginebra San Miguel reports robust Q1 sales
By: Miguel R. Camus
The hard liquor arm of San Miguel Corp.booked strong sales during the first quarter of the year as profits fell lower due to the absence of a one-time gain.
21 May 2024
2:43PM
Tanco's STI sees record net income with rising enrollments
Businessman Eusebio Tanco’s STI Holdings reported a net income of P1.1 billion for the nine-month period of its fiscal year ending March 31.
17 May 2024
4:00PM
Filinvest Land posts 14% net income rise in Q1 amid office challenges
The Gotianun family’s Filinvest Land Inc. saw first quarter profits climb 14 percent to P845 million.
17 May 2024
3:11PM
Saavedra’s Megawide posts Q1 turnaround with strong construction and landport gains
Tycoon Edgar Saavedra’s Megawide Construction Corp. booked a profit of P183.4 million during the first quarter of the year, reversing losses of P7.4 million.
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