News

Nike reports higher profits but growth slows in China

Agence France-Presse
Posted at Sep 26 07:09 AM

Nike reported solid gains in both quarterly profit and revenues Tuesday but shares fell in after-hours trading on slowing growth in China. Read more »

San Miguel says may hit P1-trillion revenue goal this year

ABS-CBN News
Posted at Sep 03 12:06 PM

The projected net sales could reach P1-trillion this year with the contribution of its 630 Masinloc power plant, San Miguel Corp told the stock exchange. Read more »

GT Capital posts P7.1-billion net income in first half

ABS-CBN News
Posted at Aug 15 01:37 PM

GT Capital Holdings Inc on Wednesday reported a consolidated net income of P7.1 billion in the first half of 2018 as well as a P7.1 billion core net income for the same period.  Read more »

Jollibee Foods Corp income up 16.1 percent in first half

ABS-CBN News
Updated as of Aug 14 02:10 PM

Jollibee Foods Corp on Tuesday said it posted a net income attributable to shareholders of P4.05 from January to June, up 16.1 percent compared to the same period last year. Read more »

Cebu Pacific net income declines on weak peso, fuel prices

ABS-CBN News
Posted at Aug 09 04:19 PM

Revenues in the first half rose 6.1 percent to P37.8 billion. Operating expenses, however, grew 14 percent to P33.1 billion during the same period, the country's largest airline told the stock exchange. Read more »

Max's Group net income up 34 percent in Q2

ABS-CBN News
Posted at Aug 08 11:54 AM

The operator of Max's Fried Chicken, Pancake House and Yellow Cab posted net income of P208.3 million in the April to June period, from P155.7 million during the same period in 2017. Read more »

SM Prime income up 16 pct in 1H on new mall openings

ABS-CBN News
Posted at Aug 06 04:01 PM

SM Prime Holdings on Monday said it recorded a net income of P16.6 billion in the first half of the year, up 16 percent compared to the same period in 2017.  Read more »

Emperador net income up 18 percent in first half

ABS-CBN News
Posted at Aug 02 12:08 PM

The maker of Emperador Brandy, Fundador and scotch whisky brands Dalmore and Jura said net income in the first half reached P19.5 billion. It did not immediately disclose second quarter results. Read more »

BPI net income falls 5.7 percent in first half

ABS-CBN News
Updated as of Aug 01 09:03 AM

The country's third largest lender by assets said late Tuesday it posted net income of P11.03 billion in the first half. It did not immediately release second quarter results. Read more »

P&G earnings shaved as beard craze hits grooming

Agence France-Presse
Updated as of Aug 01 08:28 AM

Procter & Gamble reported a drop in quarterly earnings Tuesday following a mixed sales performance in its consumer products portfolio, with the shaving business continuing to struggle. Read more »

UnionBank posts P1.78 billion net income in Q2

ABS-CBN News
Posted at Jul 30 09:27 AM

The country's ninth largest lender posted net income of P1.78 billion in the April to June period, compared to P2.15 billion during the same period in 2017. Read more »

Facebook hammered as user growth cools

Agence France-Presse
Updated as of Jul 26 07:58 AM

Facebook shares took a hit Wednesday after the world's biggest social network reported weaker-than-expected user growth in the first full quarter since being rocked by a series of scandals on data privacy. Read more »

Google parent Alphabet sees record highs despite EU fine

Agence France-Presse
Updated as of Jul 24 08:02 AM

Google parent Alphabet shares lifted Monday on a stronger-than-expected earnings report for the past quarter, as the tech giant's results eased concerns over huge fines imposed by the European Union for antitrust actions.   Read more »

Samsung profit misses estimates in second quarter

Agence France-Presse
Posted at Jul 06 09:15 AM

Industry sources said sales of smartphones were weak amid mounting competition from rivals as marketing costs for new mobile products also increased, undercutting the sector's profitability. Read more »

Ginebra net income doubles to P255M in Q1

ABS-CBN News
Updated as of Jun 01 11:02 AM

San Miguel Corp's hard liquor unit, Ginebra San Miguel Inc, said Friday net income in the January to March period nearly doubled due to strong sales. Read more »

Uber says sales and value revved in first quarter

Agence France-Presse
Posted at May 24 08:01 AM

Uber on Wednesday said its revenue revved in the first quarter of this year and that its value climbed to $62 billion in a new funding round.   Read more »

Megawide 1Q net income up 16 percent

ABS-CBN News
Posted at May 21 10:55 AM

Megawide Construction Corp said Monday net income in the first 3 months of the year grew 16 percent, despite a dip revenues. Read more »

DMCI net income up 33 pct in 1Q; firm flags right of way issues

ABS-CBN News
Posted at May 21 10:07 AM

Construction firm DMCI said Monday its net income rose 33 percent in the January to March period, notwithstanding a dip in infrastructure revenues due to right of way issues. Read more »

Shakey's says higher costs tempered Q1 income growth

ABS-CBN News
Posted at May 11 01:47 PM

The operator of Shakey's restaurants in the Philippines said Friday net income grew by 6 percent in the first 3 months of 2018, as higher costs tempered sales growth.   Read more »

Jollibee net income rises 17.3 percent in Q1

ABS-CBN News
Posted at May 11 11:59 AM

Jollibee Foods Corp. said net income rose 17.3 percent in the first 3 months of the year, as higher expenses offset growth in revenues, according to a stock exchange filing. Read more »