Boulevard Holdings Inc. (PSE: BHI) has posted sales of PhP14.7 million for the month ended January 31, 2019, up by 6% compared to January of 2018. For the eight months ended January 31, 2019, total sales reached PhP44.12 million, down by 31% compared to the same period last year. According to Boulevard Holdings, the decrease […]
Continue reading…
D.M. Wenceslao & Associates Inc. (PSE: DMW) has reported net income attributable to equity holders of PhP1.9 billion in 2018, 23% higher from 2017. Net income margin reached 89% from 56% in the prior year, reflecting continued momentum in each of the businesses, led by the office and residential segments. Revenues amounted to PhP2.15 billion, of […]
Continue reading…
Concepcion Industrial Corp. (PSE: CIC), the country’s leading provider of consumer lifestyle and building industrial solutions, has released its financial and business updates highlighting unaudited 2018 results. Fourth quarter results for 2018 showed positive momentum with the recovery of the consumer appliance market after a weak third quarter. The three-month period showed 11% growth in revenues at […]
Continue reading…
Ayala Land Inc. (PSE: ALI), the Philippine’s largest integrated property and sustainable estates developer, posted solid top-line and bottom-line growth in 2018. ALI’s consolidated revenues climbed 17% to PhP166.2 billion, driven by sustained demand for residential products and the healthy performance of its leasing businesses. Property development revenues rose by 18% to PhP113.4 billion owing […]
Continue reading…
STI Education Systems Holdings Inc. (PSE: STI), which owns one of the largest networks of private schools in the Philippines, recorded a net income of PhP190.4 million for the past nine months ending December 31, 2018. During the same period, the company also generated PhP2 billion in gross revenues and a gross profit of PhP1.2 […]
Continue reading…
Jollibee Foods Corp. (PSE: JFC), the largest Asian food service company, opened a total of 502 stores in 2018, the highest number of new stores opened in a year in JFC’s 40-year history. System-wide sales, a measure of all sales to consumers, both from company owned and franchise stores, grew by 22% in the fourth […]
Continue reading…
Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced its results for the fourth quarter ended December 31, 2018. Fourth quarter reported net income was $580 million and underlying net income was $718 million. “Our fourth quarter capped off a year of strong performance for Sun Life, generating annual underlying net income of $2.9 […]
Continue reading…
Manulife Financial Corp. (PSE: MLF) has announced its 2018 and 4Q18 results. Net income attributed to shareholders reached $4.8 billion in 2018, up $2.7 billion from 2017, and $0.6 billion in 4Q18, up $2.2 billion from 4Q17. Core earnings was at $5.6 billion in 2018, up by 23% from 2017, and $1.3 billion in 4Q18, up […]
Continue reading…