RHI Q1 Revenues Jump 39% to PhP2B

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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Nickel Asia Estimates 9% Growth in 2017 Shipment Value

Nickel Asia Corp. (PSE: NIKL) has announced that the company’s estimated value of shipments in 2017 rose by 9% to PhP14.45 billion from PhP13.23 billion in 2016. Although shipment volumes were lower compared to the prior year, the increase in revenues was due to higher average prices, in part the result of a change in the […]
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Cebu Landmasters Ends 2017 with Record PhP4.58B Reservation Sales

Property developer Cebu Landmasters Inc. (PSE: CLI) finished the year 2017 with PhP4.58 billion in total reservation sales, exceeding its target by 13.75 percent and beating the 2016 result by 55.6 percent. CLI attributed its exceptional performance mainly to newly launched residential projects: 38 Park Avenue (Cebu IT Park) with 745 units, Casa Mira South […]
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DFNN Touts Over 15,000% Net Income Growth in 9M2017

I.T. firm DFNN Inc. (PSE: DFNN) continued its robust financial performance for the first nine months of 2017 (9M2017), with revenues of PhP848.5 million, 616% higher than the PhP118.5 million reported in the same period of 2016. DFNN’s EBITDA reached PhP142.8 million, up 668.9% from the same period in 2016. Total operating expenses grew by […]
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Del Monte Pacific 4Q Recurring Net Income Up 16% to $17.2M

Singapore/Manila—(PHStocks)—Singapore Mainboard and Philippine Stock Exchange dual-listed Del Monte Pacific Ltd (PSE: DMPL) reported today its fourth quarter FY2017 results ending April. The Group achieved fourth quarter sales of $545.2 million, 4% better than prior year period with higher sales in both the United States and Asia. The Group’s US subsidiary, Del Monte Foods Inc. […]
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Eagle Cement Posts 30% Income Growth in 1Q

Mandaluyong—(PHStocks)—Eagle Cement Corp. (PSE: EAGLE) maintains its strong financials as the publicly listed cement firm posted PhP1.03 billion in profit for the first quarter of 2017, or a 30% increase year on year. Net sales also increased by 19% from PhP3.17 billion in first quarter 2016 to PhP3.77 billion this year. The company attributes its […]
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Nat Re Nets PhP78M in 2016

Manila—(PHStocks)—National Reinsurance Corporation of the Philippines (Nat Re, PSE: NRCP) continued delivering income to its shareholders and entered its third consecutive year of net profits, raking in P78M in 2016. Nat Re also posted a 99.1% combined ratio, the lowest in the last seven years. These figures are comparable with combined ratios of A-minus-rated reinsurers […]
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Ginebra Reports Strong 1Q Income and Revenue Growth

Mandaluyong—(PHStocks)—Ginebra San Miguel Inc. (PSE: GSMI), the hard liquor unit of San Miguel Corp. (PSE: SMC), continued to make gains this year following a return to profitability in 2016. GSMI revenues for the first quarter of 2017 rose by 31% to PhP5.1 billion as volumes grew 32%. Net income for the same period more than […]
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