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 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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BPI Nets PhP18.23B in 2015

Makati—(PHStocks)—Bank of the Philippine Islands (PSE: BPI), the banking arm of Ayala Corp. (PSE: AC), has reported a net income of PhP18.23 billion for 2015, 1.1% higher than the PhP18.04 billion earned in 2014. Total revenues rose by 6.4% to PhP59.36 billion, driven by net interest income, which rose 11% to PhP38.64 billion. Comprehensive income was […]
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Ayala 1H 2015 Earnings Up 6% to PhP10.4B

Makati—(PHStocks)—Ayala Corp. (PSE: AC)’s net income rose 6 percent to PhP10.4 billion in the first half of the year driven by the double-digit growth in its telecom, real estate, banking, and electronics businesses, and boosted by the positive performance of its power generation unit. Excluding the previous year’s divestment gains from the sale of Stream Global Services, Ayala’s business […]
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BPI 1H 2015 Net Income Up 16% to PhP9.3B

Makati—(PHStocks)—Bank of the Philippine Islands (PSE: BPI) registered a net income of PhP9.3 billion for the first half of 2015, a 16% improvement over PhP8 billion earned in the same period last year, resulting in annualized ROE and ROA of 13% and 1.4%, respectively. Comprehensive income for the same period, which includes mark-to-market adjustments on available-for-sale securities, amounted […]
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