MPI Reports Record PhP10.3B Core Net Income in FY 2015

Manila—(PHStocks)—Metro Pacific Investments Corp. (MPIC, PSE: MPI) today reported consolidated Core Net Income rose 22% to PhP10.3 billion for the year ended 31st December 2015 from PhP8.5 billion in 2014 on the back of strong growth at all its operations. Core Net Income was lifted by: (i) strong traffic growth on all the roads held […]
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MPIC 1H2015 Net Income Up 27% to PhP5.9B

Manila—(PHStocks)—Metro Pacific Investments Corp. (PSE: MPI) has reported consolidated core net income of PhP5.9 billion for the six (6) months ended 30th June 2015, up 27% over the PhP4.6 billion achieved in the first half of 2014 as each of its four main businesses delivered strong growth despite regulatory challenges. The rise in core net income was due mainly […]
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NLEx Operator to Offer Bonds to Fund Future Roadwork

Manila North Tollways Corp. (MNTC), the private operator of the North Luzon Expressway (NLEx), is expected to offer up to PhP7 billion in retail bonds to partly finance the construction of new toll roads in the capital through 2016. Total cost of the roadwork is estimated at PhP30 billion. Read More Source: Philippine Daily Inquirer Related […]
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Metro Pacific Tollways 2011 Net Income Up 26% to PhP1.26B

Manila–(PHStocks)–Metro Pacific Tollways Corp. (PSE: TOL) has reported Core Net Income after tax of PhP1.479 billion for the year ended 2011, slightly higher than the Core Net Income of PhP1.465 billion in 2010. The Income Tax Holiday at the Manila North Tollways Corp. (MNTC) level expired in December 2010. Pre-tax income however rose by 23% to PhP1.873 […]
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