PHStocks

COL’s Philippine operations delivered record-breaking results during 1Q13 with operating profits climbing 11.1% to Php127.8 Million. Earnings grew as revenue jumped by 16% to Php208 Million, driven by the 21% increase in commissions and the 5% increase in interest income. Read the full article here. Related Articles:No Related Posts

Makati—(PHStocks)—LT Group Inc. (PSE: LTG) posted a 53% increase in its net income to PhP5.8 billion for the first quarter of 2013 on the back of strong performance of the conglomerate’s banking and property segments. Net income attributable to equity holders increased by 36% to PhP3.8 billion. The Group’s consolidated revenues as of 31 March 2013 grew by PhP2.2 billion to PhP17.7 billion due to higher revenues from banking, distilled…

Makati—(PHStocks)—Trans-Asia Oil and Energy Development Corp. (PSE: TA), an end-to-end energy company engaged in oil and gas exploration and development, power generation, and electricity supply, has reported consolidated revenues of PhP431.7 million in the first quarter of 2013, up from PhP181.3 million in the same period last year. Net income increased to PhP164.9 million, up by 295% over PhP41.8 million in the same period in 2012. The significant improvement in…

Quezon City—(PHStocks)—Universal Robina Corporation (PSE: URC) reported a 14.8% sales growth for the first half of fiscal year 2013 (FY beginning October 2012 and ending September 2013) with net sales amounting to PhP40.317 billion, up from PhP35.134 billion in the prior year. URC’s Philippine branded consumer foods (BCF) business was the main driver for total company growth as it increased sales by 21.9% for the first half of fiscal year…

Manila—(PHStocks)—The Andrew Tan-led Alliance Global Group Inc. (PSE: AGI) reported strong results for the first three months of 2013, with its net profit growing to PhP4.91 billion, up 18 percent from PhP4.15 billion a year ago. Consolidated revenues also grew to PhP30.39 billion in the first three months of 2013, a 25 percent increase from PhP24.38 billion. “We believe the current macroeconomic conditions will contribute positively to our various businesses, from…