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 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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MWC Announces New Water Tarriff Rates

Quezon City—(PHStocks)—Effective 1 January 2016, Manila Water Company Inc. (PSE: MWC) will implement the following adjustments: 1. “R” Factor of negative 2.21% as applied to the prevailing Average Basic Charge of PhP25.25 per cubic meter; 2. “C” Factor of 0.80% as applied to the prevailing Average Basic Charge of PhP25.25 per cubic meter; and, 3. […]
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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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Clark Water Secures PhP1.15-B RCBC Loan

Clark Water Corp., a wholly-owned subsidiary of Manila Water Co. Inc. (PSE: MWC), has signed a term loan agreement of P1.15 billion with Rizal Commercial Banking Corp. (PSE: RCB) to finance in part its capital expenditure program. Clark Water was formed in 2000 in partnership with the Clark Development Corp. (CDC), the administrative and governing […]
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For Manila Water, Growth Prospects Lie Outside Metro

With its 2013 rate rebasing exercise for Metro Manila still unresolved, Manila Water Co. (PSE: MWC) will shift its growth focus outside its main franchise area toward emerging city centers and even projects abroad. Read More Source: Philippine Daily Inquirer Related Articles:Ayala Net Income Climbs to ₱26BAyala Breaches Profit Target, Nets PhP22.3B in 2015MWC Announces New […]
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PHStocks Exclusive: Top 50 Stock Price Gainers in December

Manila—(PHStocks)—The last month of the year saw realignment of investor portfolio amid the strong rallies over the previous weeks leading into the holidays. A Santa Claus rally was also observed, with the Philippine Stock Exchange index (PSEi) recovering losses to finish the last trading day of the year at 7,230.57, up by 0.62% or 44.25 […]
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PHStocks Exclusive: Strongest Stock Price Performers in August

Manila—(PHStocks)—A slightly delayed report, but late is better than never. Here are the strongest stock price performers in August. In determining this list, PHStocks basically based the data from the companies’ monthly performances, as well as whether or not they were able to sustain their stock price growth. While some of these companies post month-on-month […]
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