DMCI Mining Corporation, the mining arm of DMCI Holdings Inc. (PSE: DMC), shipped 156 thousand wet metric tons (WMT) of nickel ore inventory during the first three months of the year, flat from the volume logged last year. Average selling price per metric ton was also flat at $38. Majority of the shipments, or 106 […]
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The double-digit growth of its core lending businesses has enabled Asia United Bank (PSE: AUB) to sustain its robust financial performance in the first three months of the year compared with year-ago levels. AUB and its subsidiaries, which include the Cavite United Rural Bank (CURB) and the Rural Bank of Angeles in Pampanga, posted a […]
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DMCI Power Corp. (DPC), the energy arm of DMCI Holdings Inc. (PSE: DMC), posted double-digit composite sales growth of 17 percent in the first quarter of 2018, with volume reaching 63GWh from 54GWh generated in the same period last year. Palawan recorded a sales volume of 28GWh, a 29 percent surge from 21GWh last year. […]
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Diversified engineering and infrastructure conglomerate Megawide Construction Corp. (PSE: MWIDE) has reported a consolidated net income of PhP635.8 million growth for the first quarter of 2018, up by 16% from the PhP549 million in the same period last year. The double-digit increase in net profit was driven by the continued robust growth of the airport […]
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Online stockbroker COL Financial Group Inc. (PSE: COL) reported a record performance in the first quarter of the year as it continued to benefit from its investments in growing the retail market. Net income for the quarter increased by 107.1% to PhP207.8 million as revenues surged while total costs increased at a slower rate. Revenues […]
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D.M. Consunji Inc. (DMCI), the construction arm of DMCI Holdings Inc. (PSE: DMC), saw its first-quarter standalone revenues increase 11 percent year on year from PhP3.1 billion to PhP3.5 billion mainly driven by building contracts, as infrastructure projects suffered delays resulting from unresolved right of way issues. Revenues from high-rise building projects surged 52 percent […]
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8990 Holdings Inc. (PSE: HOUSE) net income went up 37% to PhP1 billion compared to the PhP736 million reported in the previous year. Gross revenues grew 57% year-on-year to PhP2.5 billion in the first quarter of 2018 driven by its strongest first quarter residential revenues so far. Topline growth was mainly driven by the increased […]
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Integrated sugar and ethanol producer Roxas Holdings Inc. (RHI, PSE: ROX) has announced its unaudited financial and operating results for the first quarter of Crop Year 2018. The Group’s consolidated revenues for the quarter climbed 39% to PhP2.07 billion from the PhP1.49 billion recorded for the same period in Q1 2017 driven by increased volume […]
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