RHI Q1 Revenues Jump 39% to PhP2B

Integrated sugar and ethanol producer Roxas Holdings Inc. (RHI, PSE: ROX) has announced its unaudited financial and operating results for the first quarter of Crop Year 2018. The Group’s consolidated revenues for the quarter climbed 39% to PhP2.07 billion from the PhP1.49 billion recorded for the same period in Q1 2017 driven by increased volume […]
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RHI Records 451% Jump in Net Income

Manila—(PHStocks)—Roxas Holdings Inc. (RHI, PSEI: ROX) today announced its audited financial and operating results for crop year ended September 30, 2016 with consolidated net income of PhP102 million, 451% higher than the PhP18.5 million recorded a year earlier, owing to a rise in earnings before interest, tax, depreciation and amortization (EBITDA), which rose 34% to […]
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Roxas Subsidiary Appoints Berma Procesys as Project Consultant for Integrated Coconut Processing Facility

Makati—(PHStocks)—Roxas Sigma Agriventures Inc. (RSAI), a subsidiary of Roxas and Co. (PSE: RCI) recently appointed Berma Procesys Corp. to design and build its PhP760 million integrated coconut processing facility in Tupi, South Cotabato. The plant is expected to be completed by the end of 2016 and will be  able to process 200 metric tons per […]
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RHI President and CEO Valencia Steps Down; Roxas Takes Over

Makati—(PHStocks)—Sugar group Roxas Holdings Inc. (PSE: ROX) has announced that its president and CEO Renato C. Valencia resigned. In a special meeting, RHI’s Board of Directors thanked Valencia for his contributions to the company. In his place, RHI Chairman Pedro E. Roxas will take over as interim president and CEO. Related Articles:RHI Q1 Revenues Jump 39% to PhP2BRCI Unveils […]
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RCI, Sigma Synergies Parter to Establish Coconut Processing Facility

Makati—(PHStocks)—Roxas and Co. Inc. (PSE: RCI) today entered into a joint venture with Sigma Synergies, Inc. to establish an PhP881 million coconut processing facility in Tupi, South Cotabato. The plant is slated to be operational by the fourth quarter of 2016. RCI Chairman, President & CEO Pedro E. Roxas said the joint venture company, which shall be named Roxas […]
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RCI Unveils New Ventures, Expands Core Businesses

Makati—(PHStocks)—Evolution is fast-becoming the name of the game in business and it takes commitment to get into the act. Roxas and Co. Inc. (PSE: RCI), backed by a century of reliability, has fast expanded its different business ventures in recent years. Earlier this year, the company revealed its plans in strengthening its operations in real estate, particularly focused in gaining […]
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RHI Subsidiary Now Owns 93.68% of SCBI

Makati—(PHStocks)—Roxas Pacific Bioenergy Corporation (RPBC), a subsidiary of Roxas Holdings Inc. (PSE: ROX), has raised its ownership in San Carlos Bioenergy Inc. (SCBI) to 93.68% with the purchase of 64.02% from Menarco Clean Energy Inc. of the Jimenezes. The consideration to Menarco Clean Energy will be PhP1.0083 billion Related Articles:RHI Q1 Revenues Jump 39% to PhP2BRHI […]
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Roxas Holdings, Global Power Ink MOA for Cogen Project

Makati—(PHStocks)—Roxas Holdings Inc. (PSE: ROX) and Global Business Power Corp. (GBPC), a leading power producer in the Visayas and the power generation component company of GT Capital Holdings Inc. (PSE: GTCAP), recently signed a memorandum of agreement to undertake a Front-End Engineering Design (FEED) study and other pre-development activities for a 40MW cogeneration facility in […]
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