Ayala Net Income Climbs to ₱26B

Makati—(PHStocks)—Ayala Corp. (PSE: AC) reported a net income of ₱26 billion in 2016, 17 percent higher than the previous year, on the back of double-digit growth contributions from its real estate and banking units, boosted by its emerging businesses in power and industrial technologies. This positive earnings momentum was driven by the robust equity earnings […]
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Ayala’s Second PhP10 Billion Issuance in its Fixed-Rate Bonds Program Rated PRS Aaa

Makati—(PHStocks)—An Issue Credit Rating of PRS Aaa, with a Stable Outlook, was assigned by Philippine Rating Services Corporation (PhilRatings) for Ayala Corp.’s (PSE: AC) proposed PhP10 billion Retail Bonds. The proceeds of the issuance will be used to refinance Ayala’s outstanding PRS-rated bond issuance of PhP10 billion maturing on April 30, 2017. This will be […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in May 2016

Manila—(PHStocks)—Last month saw the Philippines’ presidential elections, and the looming change of administration in the country saw investor mood getting more positive, as seen in the mostly positive levels of the mainboard PSE index. We have yet to see really the impact of this new government in the country’s economy. Let’s just hope it’s for […]
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Ayala Net Income Climbs 15% to PhP5.8B in 1Q 2016

Makati—(PHStocks)—Ayala Corp. (PSE: AC) recorded a net income of PhP5.8 billion in the first quarter of the year, expanding 15% from a year ago, as most of its businesses performed well with largest growth coming from its real estate, power generation, and automotive businesses. This strong first quarter results was driven by the equity earnings contribution […]
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Mercedita Nolledo Joins D&L Industries Board of Directors

Quezon City—(PHStocks)—D&L Industries Inc. (PSE: DNL) announced today that Mercedita S. Nolledo has been elected to its Board of Directors as Independent Director. A lawyer, a Certified Public Accountant, and a veteran corporate executive of the Ayala group of companies, she will serve in the Audit Committee and Remuneration Committee. Her appointment was effective April […]
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Ayala Retains Highest Ratings for PhP40 Billion in Outstanding Bonds

Makati—(PHStocks)—Philippine Rating Services Corp. (PhilRatings) maintained its Issue Credit Ratings of PRS Aaa for the following outstanding retail bonds of Ayala Corp. (PSE: AC): a) PhP10 Billion Retail Bonds due on April 30, 2017; b) PhP10 Billion Retail Bonds due on November 23, 2019; c) PhP10 Billion Retail Bonds due on May 12, 2021 and d) PhP10 Billion Retail Bonds […]
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Ayala Breaches Profit Target, Nets PhP22.3B in 2015

Makati—(PHStocks)—Ayala Corp.’s (PSE: AC) net income expanded 20 percent to PhP22.3 billion in 2015, beating its target a year earlier than planned. This was primarily driven by the solid performance of its real estate and telecommunications businesses and lifted by contributions from its power generation unit. Excluding capital gains primarily from the partial sale of […]
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LRMC Inks PhP24B Loan Facility, EPC for LRT 1 Cavite Extension

Makati—(PHStocks)—Light Rail Manila Corp. (LRMC), a joint venture company of Metro Pacific Investments Corp.’s (PSE: MPI) Metro Pacific Light Rail Corp. (MPLRC), Ayala Corp.’s (PSE: AC) AC Infrastructure Holdings Corp. (AC Infra), and the Philippine Investment Alliance for Infrastructure’s Macquarie Infrastructure Holdings (Philippines) Pte Ltd (MIHPL), announced the simultaneous signing on 11 February 2016 of […]
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