Del Monte Pacific Reports 8% Drop in 1Q FY2019 Sales

Singapore Mainboard and Philippine Stock Exchange dual-listed Del Monte Pacific Limited (DMPL; Bloomberg: DELM SP, DELM PM) (PSE: DELM) reported its first quarter fiscal year 2019 results ending July. The group generated first quarter sales of $437.2 million, 8% lower than prior year quarter mainly due to lower sales in the USA and lower exports […]
Continue reading…

 

BHI Reports Lower August Sales

Boulevard Holdings Inc. (PSE: BHI) has reported consolidated sales of PhP1,467,497 for August, down by 80% year-on-year, and total sales of PhP7,163,892 for the first quarter ended August 31, 2018, down by 64% compared with the same period last year. BHI attributes the decrease in sales mainly due to six months closure of Boracay, Malay, Aklan for […]
Continue reading…

 

DMCI Mining Reports Flat Nickel Sales in Q1

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 […]
Continue reading…

 

AUB Sustains Profitability in Q1 2018

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 […]
Continue reading…

 

DMCI Power Records 17% Revenue Growth in Q1

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. […]
Continue reading…

 

Megawide Reports 16% Jump in Q1 Net Earnings

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 […]
Continue reading…

 

COL Hits Record High Q1 Net Income

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 […]
Continue reading…