by ev3v4hn | May 22, 2020 | Business News
Gotianun group-led Filinvest Land Inc. (FLI) saw a 25-percent year-on-year drop in first quarter net profit to P1.35 billion, citing the enhanced community quarantine (ECQ) that disrupted operations and delayed construction activities starting mid-March. Gross revenues fell by 29 percent year-on-year to P5.15 billion, FLI disclosed to the Philippine Stock Exchange on Thursday. Real estate […]
by ev3v4hn | May 21, 2020 | Business News
SM’s Mall of Asia The country’s largest conglomerate, SM Investments Corp., reported a 16 percent year-on-year decline in first quarter net profit to P9 billion as the lockdown of Luzon and other key regions gnawed on core banking, property and retailing businesses....
by ev3v4hn | May 19, 2020 | Business News
East West Bank vice chair and CEO Antonio Moncupa Gotianun family-led East West Bank grew its net profit in the first quarter by 75 percent year-on-year to P2.3 billion even as the bank jacked up loan loss provisioning to prepare for fallout from the coronavirus...
by ev3v4hn | May 19, 2020 | Business News
Ty family-led conglomerate GT Capital Holdings saw a 26 percent year-on-year drop in first quarter net profit to P2.54 billion due to slower earnings from its automotive, banking, infrastructure and insurance businesses. The slowdown was tempered by higher earnings...
by ev3v4hn | May 18, 2020 | Business News
Ayalaland Logistics president Rowena Tomeldan Leading industrial estate developer Ayalaland Logistics Holdings Corp. (ALLHC) defied the downturn in the overall property market in the first quarter on the back of higher real estate sales and warehouse leasing revenues....
