Metro Pacific Investments 2011 Net Profit Jumps 76% to PhP5B

Makati–(PHStocks)–Metro Pacific Investments Corp. (MPIC) (PSE: MPI) has announced consolidated core net income of PhP5.1 billion for the year ended 31 December 2011, an improvement of 32% over the PhP3.86 billion recorded in 2011. Consolidated reported net income attributable to owners of the parent company, which reflects a net foreign exchange loss and non-recurring items of PhP42 […]
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Metro Pacific Tollways 2011 Net Income Up 26% to PhP1.26B

Manila–(PHStocks)–Metro Pacific Tollways Corp. (PSE: TOL) has reported Core Net Income after tax of PhP1.479 billion for the year ended 2011, slightly higher than the Core Net Income of PhP1.465 billion in 2010. The Income Tax Holiday at the Manila North Tollways Corp. (MNTC) level expired in December 2010. Pre-tax income however rose by 23% to PhP1.873 […]
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PH Stocks Regain Losses

Manila–(PHStocks)–Local shares recovered slightly on Friday, 10 February, after profit taking in the previous day. The bellwether Philippine Stock Exchange index (PSEi) went up by 0.29% or 13.9 points to close the roller coaster week at 4,783.52, after a breaching the 4,800-point mark twice. All counters except the Industrial and Holding Firms indices were up. […]
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PHStocks Week in Review: Going Strong

(PHStocks) – Local shares maintained their strong performance for the week, despite minimal declines due to profit taking. The bellwether Philippine Stock Exchange index (PSEi) closed at 4,251.64 points this week, up 0.25% compared last week. The all-shares index, however, shed 0.86% to close at 3,084.74 points. On a sectoral basis, all counters except the […]
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PH Stocks Down on Policy Rates Hike Announcement

Local shares are back in the red as investors held back to assess possible effects of policy rates hike announced by the Bangko Sentral ng Pilipinas (BSP). The main-board Philippine Stock Exchange index (PSEi) shed almost 14 points or 0.36% to end Thursday at 3,841.54 points. The wider all-shares index meanwhile slid 2.44 points to […]
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PH Stocks Down 61pts

Local shares suffered a severe beating Thursday, with the bellwether Philippine Stock Exchange index (PSEi) dropping 1.57% or 61 points to 3,817.38—just a week after it broke the 3,900-point mark. The wider all-shares index suffered the same fate, declining 1.6% or 46.58 points to 2,859.6 points. All counters are also in the red, with the […]
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MPIC 2010 Core Net Income Up 88%

Metro Pacific Investments Corp. (MPIC, PSE: MPI) has announced consolidated core net income of PhP3.86 billion for the full year ended 31st December 2010, an improvement of 88% over PhP2.05 billion in 2009 as a result of the inclusion of Manila Electric Co. (MERALCO, PSE: MER) and continuing improvements at most operating companies. Consolidated net […]
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Mining & Oil, Property Sectors Recover

Local shares continue their bloodbath as the bellwether Philippine Stock Exchange index (PSEi) dropped from the 3,800 mark to end Wednesday’s trading day at 3,757 points, further down by 0.71% from the close yesterday. The wider all-share index likewise fell 1.11% further, in part due to the continuing crisis in the Middle East that had […]
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