GMA Reports 80% Net Income Growth for 9M 2015

Quezon—(PHStocks)—GMA Network Inc.‘s (PSE: GMA7) strong financial performance in the first semester continued into the third quarter of 2015 with both its airtime revenues and nationwide ratings effectively maintained at an optimistic level. Revenues during the third quarter improved by 17% to PhP3.66 billion, while net income soared 66% to PhP706 million as airtime revenues and […]
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GMA Network Nets PhP1B in 1H 2015

Quezon City—(PHStocks)—Broadcast giant GMA Network Inc. (PSE: GMA7) reported a net income of PhP1.099 billion for the first half of 2015, up 89 percent over the same period last year. Revenues during the six-month period increased by 15 percent to PhP6.653 billion, boosted by the network’s record-breaking performance in the second quarter. Related Articles:GMA Reports […]
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GMA Network 3Q14 Net Income Jumps 66%

Quezon City—(PHStocks)—GMA Network Inc. (PSE: GMA7) reported a net income of PhP422 million in the third quarter of 2014, up 66 percent versus the previous quarter. Consolidated revenues for 3Q14 stood at PhP3.141 billion, representing an 8 percent improvement over the PhP2.915 billion generated in the second quarter. Both airtime revenues and gross earnings from other […]
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Profit Taking Pulls Back PH Stocks’ Rally

Manila—(PHStocks)—Philippine stocks ended in the red Monday, 14 October, as investors lock in their gains after the rally last Friday, 11 October. The Philippine Stock Exchange index (PSEi) slid by 0.73% or 47.1 points to close the day’s trading at 6,442.7. Related Articles:Profit Taking Pulls Back PH StocksPH Stocks Bounce BackPH Stocks Extend GrowthPH Stocks […]
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PH Stocks Recover on Bargain Hunting

Manila—(PHStocks)—Philippine stocks snapped their five-day losing streak Tuesday, 1 October, as investors hunt for bargains amid low stock prices. The mainboard Philippine Stock Exchange index (PSEi) went up by as much as 59.4 points early in the trading day, before news of the U.S. government shutdown trimmed gains. The PSEi closed the first trading day […]
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PH Stocks Down for Second Session

Manila—(PHStocks)—Philippine stocks continue to slide, albeit minimally, on Wednesday, 25 September, as investors struggle to find direction. In the United States, stocks weaken amid mixed economic reports and looming budget concerns. The benchmark Philippine Stock Exchange index (PSEi) slid by 0.63% to 6,420.42, basically wiping gains made on Monday. Related Articles:PH Stocks Down on US […]
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PH Stocks Down on Subdued Trading, Profit Taking

Manila—(PHStocks)—Philippine stocks slid on Tuesday, 24 September, as investors lock in their gains while others stayed in the sidelines amid looming U.S. budget talks. The mainboard Philippine Stock Exchange index (PSEi) declined by 0.26% to 6,461.38, slightly wiping out gains made yesterday. Related Articles:PH Stocks: Selloff Continues on Poor US Manufacturing DataPH Stocks Bounce BackPH […]
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