ACR and GBP Enter Partnership in Power Holding Company in Mindanao

Makati—(PHStocks)—Alsons Consolidated Resources Inc. (PSE: ACR), the publicly-listed company of the Alcantara Group and Mindanao’s first and most experienced independent power producer, has signed an agreement with Global Business Power Corp. (GBP), the leading power producer in the Visayas and an associate of Metro Pacific Investments Corp. (MPIC, PSE: MPI). Under the agreement, GBP will […]
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PLDT Reports Core Net Income of PhP27.9B in 2016

Makati—(PHStocks)—PLDT Inc. (PSE: TEL) (NYSE: PHI) today announced its unaudited financial and operating results for the full year 2016 with consolidated service revenues, net of PhP9.6 billion in interconnection costs, amounting to PhP147.6 billion, three percent (3%) less than the previous year. Excluding international and national long distance (ILD and NLD) revenues and interconnection costs, […]
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MPIC 9M 2016 Core Net Income Up 13% to PhP9.3B

Makati—(PHStocks)—Metro Pacific Investments Corp. (MPIC, PSE: MPI) today reported a 13% rise in consolidated Core Net Income to PhP9.3 billion for the nine months ended 30 September 2016 from PhP8.2 billion in the same period last year on the back of strong growth at all its operations. Core Net Income was lifted by: (i) robust […]
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PLDT Reports Revenue of PhP75.8B for 1H2016

Manila—(PHStocks)—PLDT Inc. (PSE: TEL) (NYSE: PHI) today announced its unaudited financial and operating results for the first half of 2016 with Consolidated Service Revenues, net of interconnection costs, stable at PhP75.8 billion. Excluding international long distance (ILD) and national long distance (NLD) revenues, service revenues amounted to PhP72.1 billion, up 2% versus the same period last year. On the same […]
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PLDT Investment in iflix Converted into Shares

Makati—(PHStocks)—Philippine Long Distance Telephone Co. (PLDT, PSE: TEL) disclosed today that its $15 million investment in iflix has been converted from convertible notes into ordinary shares of stock after Southeast Asia’s leading internet TV service provider completed this week a new round of funding led by Sky plc, Europe’s leading entertainment company and the Indonesian company Emtek Group, through […]
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PLDT Investment in iflix Converted into Shares

Manila–(PHStocks)–Leading telecoms and digital services provider Philippine Long Distance Telephone Co. (PLDT, PSE: TEL) disclosed today that its $15 million investment in iflix has been converted from convertible notes into ordinary shares of stock after Southeast Asia’s leading internet TV service provider completed this week a new round of funding led by Sky PLC, Europe’s leading entertainment company […]
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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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PLDT Posts Consolidated Revenues of PhP171.1B for FY2015

Manila—(PHStocks)—Philippine Long Distance Telephone Co. (PLDT, PSE: TEL) (NYSE: PHI) has announced its audited financial and operating results for 2015 with Consolidated Core Net Income, before exceptional items, amounted to PhP35.2 billion, 6% or PhP2.2 billion lower than the PhP37.4 billion recorded last year. The decrease was due mainly to lower EBITDA reflecting the impact of expenses […]
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