Wednesday, 14 May 2025
15 Apr 2025
10:22AM
PHINMA books lower 2024 profit amid construction slowdown; 2023 earnings restated
The Del Rosario family’s PHINMA Corp. saw its 2024 net income decline 38 percent to ₱936.87 million, despite growing consolidated revenues to ₱23.76 billion, up 12 percent from ₱21.27 billion the year before.
3 Feb 2025
2:43PM
Phinma chair calls out gov’t budget misuse by lawmakers, urges fiscal vigilance
Deviating from his prepared speech, del Rosario criticized Congress’ handling of the 2025 budget, highlighting the diversion of crucial funds away from high-priority national projects such as health, education, and infrastructure development.
2 Jan 2025
8:31AM
AP Securities reaffirms ‘strong buy’ on Phinma after St. Jude College Dasmariñas deal
By: Miguel R. Camus
The Del Rosario family-led conglomerate Phinma Corp is wasting no time putting fund management giant KKR’s P2.5-billion investment to work with its P431.8-million acquisition of SJC Dasmariñas.
9 Dec 2024
11:07AM
PHINMA Education expands with P432-M acquisition of St. Jude College in Cavite
The deal adds 3,000 students to PHINMA Education’s network, which now totals 167,000 enrollees, making it the largest private education network not just in the Philippines but also in in Southeast Asia.
27 Nov 2024
2:13PM
PHINMA returns to the market after 3-decade absence with successful P1-B stock offering
By: Miguel R. Camus
The Del Rosario family-led PHINMA Corp. completed its first public share sale in nearly three decades, raising P1 billion through a successful stock rights offering on the Philippine Stock Exchange.
20 Aug 2024
1:12PM
Del Rosario's Philcement to challenge taxes on imports
The cement subsidiary of Del Rosario-led conglomerate PHINMA Corp. is facing a tax bill worth P1.24 billion for past imports.
4 Jun 2024
11:41AM
Del Rosario & Floirendo families to build new cement plant in Davao del Norte.
By: Miguel R. Camus
Two of the country’s largest business groups are joining forces to build a new multibillion peso cement facility in Davao del Norte.
23 May 2024
3:58PM
Phinma Insulated Panels Touted for Climate Change, Food Security Challenges
Phinma Corp. recently began the construction of a multimillion-peso manufacturing plant to produce insulated panels, aiming to address climate change and enhance food security in the Philippines.
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