CACI Starts Milling on September 17

Central Azucarera de La Carlota Inc. (CACI) will commence milling operations for Crop Year 2018–2019 on Monday, September 17. CACI, the primary sugar manufacturing facility of Roxas Holdings Inc. (RHI, PSE: ROX) in Negros Occidental, which also manages sugar mill Central Azucarera Don Pedro Inc. (CADPI) in Batangas and ethanol producers Roxol Bioenergy Corp. (RBC) […]
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URC to Acquire Roxas Holdings’ Sugar Mill in Batangas

Universal Robina Corp. (PSE: URC) has reached an agreement with Roxas Holdings Inc. (RHI, PSE: ROX) to acquire the milling and refining assets of its wholly-owned subsidiary Central Azucarera Don Pedro Inc. (CADPI) and land owned by RHI, on which the milling and refining assets are situated in Batangas. Under the terms of the sale […]
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RHI Agrees to Sell Assets to Reduce Debt

Roxas Holdings Inc. (RHI, PSE: ROX), the largest integrated sugar producer in the country, together with its wholly-owned subsidiary, Central Azucarera Don Pedro Inc. (CADPI) has reached an agreement with Universal Robina Corp. (PSE: URC) for the sale of its sugar milling and refining operations in Brgy. Lumbangan, Nasugbu, Batangas. The consummation of the sale […]
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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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RHI Net Income Slid to PhP169M on Factory Concerns, Plant Repairs

Makati—(PHStocks)—Roxas Holdings Inc. (RHI, PSE: ROX) saw a steep decline in its core income to PhP169 million from PhP645 million the previous year due to factory concerns and plant repairs. “Our core income took a hit as our factories reeled from difficulties that prompted our sugarcane planters to go to other mills. This worsened the shortage […]
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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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Pangilinan Elected Vice Chairman of Roxas Holding’s Board of Directors

Makati—(PHStocks)—The Board of Directors of Roxas Holdings Inc. (RHI, PSE: ROX) has elected businessman Manuel V. Pangilinan as Vice Chairman. Pangilinan is the founder and CEO of First Pacific Company Limited (142.HK), which recently invested up to 34% in RHI. He is also Chairman of Metro Pacific Investments Corp. (PSE: MPI), Philippine Long Distance Telephone Co. (PSE: TEL), Manila Electric Company (MERALCO, PSE: MER) and many […]
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