RFM Income Hits PhP241M in May

Manila–(PHStocks)–Food and beverage company RFM Corporation (PSE: RFM) reached Php240.98 million in net income for the period January-May 2012, up by about 40% over the same period last year. In the course of its annual stockholders meeting held yesterday, the company said its income growth accelerated from the 30% reported during the first quarter of the year and appeared […]
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Alliance Global Releases Quarterly Report Ending 31 March 2012

Quezon City–(PHStocks)–Alliance Global Group Inc. (PSE: AGI) has released its quarterly report ending 31 March 2012. ALLIANCE GLOBAL GROUP INC Quarterly Report Ending 31 March 2012 Related Articles:AGI to Start Skytrain Project this YearPHStocks Exclusive: Top 30 Worst Performing Stocks in JuneAlliance Global Q1 Net Profit Reaches PhP5.4BAlliance Global 9M Net Profit Grows 7% to PhP17.3BAGI to Spend […]
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Transition of Carmen Copper Corporation into Higher-Grade Copper Mining Operation

Mandaluyong–(PHStocks)–Carmen Copper Corporation (CCC), the wholly-owned subsidiary of Atlas Consolidated Mining and Development Corporation (PSE: AT) that operates the Toledo copper mines in the province of Cebu, has forged ahead with its expansion plans with the first production of copper ore from its higher-grade Carmen ore body. The successful transition of operations two months ahead of schedule […]
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Globe 1Q Revenues Reach PhP20.2B

Makati–(PHStocks)–Globe Telecom Inc. (PSE: GLO) started the year on a high note with first quarter consolidated service revenues soaring to an all-time high of PhP20.2B, up 6% against last year’s level of PhP19.1 billion. Mobile revenues increased by 6% year-on-year from PhP15.6 billion to about PhP16.6 billion this period despite intense competition and continued price pressures. Broadband revenues were also […]
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Largest Surface Water Project in Rizal to Supply Water to 1M Residents

Quezon City–(PHStocks)–Manila Water Co. Inc. (PSE: MWC) has recently started operating the first phase of the PhP 4.6B Rodriguez Water System Project which includes a new water treatment plant and water distribution mainline. As the largest water system project built and energized by Manila Water in its 15 years of operations, the plant will address the current […]
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CEB Sustains Cargo Lead in Q1 2012, to Expand Domestic Network

Pasay–(PHStocks)–The Philippines’ largest national flag carrier, Cebu Pacific (PSE: CEB) transported more domestic cargo than other airlines in the first quarter (Q1) of 2012, according to recently released Civil Aeronautics Board data. CEB carried 22.1 million kilograms in cargo in Q1, besting the combined cargo loads carried by both Philippine Airlines and Airphil Express. “We captured 48% […]
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Manila Water Gets Top Corporate Credit Rating

Manila – (PHStocks) – Manila Water Company, Inc. (Manila Water) was assigned a Corporate Credit Rating of PRS Aaa (corp.), the highest rating given by Philippine Rating Services Corporation (PhilRatings). Companies rated PRS Aaa (corp.) have a very strong capacity to meet their financial obligations relative to other Philippine corporations. The rating reflects the following considerations: Manila Water’s proactive […]
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iRemit Inks Partnership with Indonesian Bank

Pasig–(PHStocks)–I-Remit Inc. (PSE: I), the Philippines’ leading non-bank remittance company, has recently signed an agreement with Bank Internasional Indonesia, one of Indonesia’s most-trusted and biggest banks by assets, to provide modern, fast, and reliable money transfer services for overseas Indonesians. The agreement was signed by Rahardja Alimhamzah, Wholesale Banking Director and Bansan C. Choa, Chairman and CEO of I-Remit […]
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