MPIC 2016 Core Net Income Up 17% to Record ₱12.1B

Manila—(PHStocks)—Metro Pacific Investments Corp. (MPIC, PSE: MPI) has reported a 17% rise in consolidated core net income to ₱12.1 billion for the year ended 31st December 2016 from ₱10.3 billion in 2015 on the back of strong growth at all its operations. Core Net Income was lifted by: (i) robust traffic growth on each of […]
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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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Metro Pacific 1H2016 Core Net Income Up 13% to Record PhP6.6B

Makati—(PHStocks)—Metro Pacific Investments Corp. (MPIC, PSE: MPI) today reported a 13% rise in consolidated Core Net Income to PhP6.6 billion for the six (6) months ended 30th June 2016 from PhP5.9 billion in the first half of 2015 on the back of strong growth at all its operations. Core Net Income was lifted by: (i) strong traffic growth […]
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Metro Pacific to Invest in Sacred Heart Hospital of Malolos

Makati—(PHStocks)—Metro Pacific Hospital Holdings Inc. (MPHH), the hospital investment arm of Metro Pacific Investments Corp. (PSE: MPI), has signed an Investment Agreement with Sacred Heart Hospital of Malolos Inc. (SHHM), a 47-year-old respected institution in the capital city of Bulacan. Under the Agreement, MPHHI is investing PhP150 million in SHHM, for a 51% ownership. SHHM […]
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LRMC Appoints PHAR as Non-Fare Revenue Partner

LRT Line 1 operator Light Rail Manila Corporation (LRMC) recently designated international media company, PHAR, as its exclusive ancillary revenue partner for the next decade, from 2016 until 2026. Related Articles:MPIC 2016 Core Net Income Up 17% to Record ₱12.1BMPIC 9M 2016 Core Net Income Up 13% to PhP9.3BLRMC Inks PhP24B Loan Facility, EPC for […]
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PH Stocks Reverses Gains on Profit Taking

Manila—(PHStocks)—Philippine stocks ended mostly in the red today as investors lock in their profits after a five-day rally. The benchmark Philippine Stock Exchange index (PSEi) declined by 0.61% or 36.33 points to close today’s session at 5,947.93 on profit taking. Related Articles:Profit Taking Pulls Back PH StocksPH Stocks Continue Growth, PSEi Edges Closer to 6,300PH […]
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Downtrend Continues

Manila—(PHStocks)—Philippine stocks declined further in Friday, 17 May, amid continued profit taking. The mainboard Philippine Stock Exchange (PSE) index slid by 0.42% or -31.07 to 7,279.87 as investors continued to cash in on gains achieved over the previous rally. Despite the bloodshed, the Financials index managed to pull in a gain of 0.03%. The rest […]
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PH Stocks Down for Second Day as Investors Lock in Gains

Manila—(PHStocks)—Philippine stocks failed to sustain early session gains on Tuesday, 7 May, as investors embark on a second day of profit taking. The benchmark Philippine Stock Exchange (PSE) index slid by 0.34% or 24.53 points to 7,146.12 at the close of the trading day, failing to sustain the 43.79 points gained in the morning session. […]
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