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Ikea furnishes strong results despite pandemic

Agence France-Presse
Updated as of Nov 24 09:56 PM

Consumers continued to spend strongly to furnish their homes despite the coronavirus pandemic, the holding company that includes most Ikea stores said Tuesday. Read more »

UnionBank aiming to raise P3-billion from bond offering

ABS-CBN News
Updated as of Nov 23 07:08 PM

UnionBank of the Philippines said Monday it will raise at least P3 billion from its planned bond offering which will be issued in two tranches. Read more »

DMCI Homes says on track to complete 10 residential buildings by year end

ABS-CBN News
Posted at Nov 17 12:07 PM

DMCI Homes said Tuesday it is ramping up development and set to complete 10 residential buildings by year end after employing 'operational changes' as the pandemic halted operations. Read more »

MerryMart net income up 26 pct in Jan-Sept on strong online sales amid pandemic

ABS-CBN News
Updated as of Nov 16 09:40 PM

MerryMart Consumer Corp said Monday its net income jumped 26 percent to P11.5 million in the first nine months of 2020 on strong e-commerce sales and conservative store expansion at the height of the pandemic. Read more »

DoubleDragon to list P14.7-billion REIT, posts P5-billion Jan-Sept net income

ABS-CBN News
Posted at Nov 16 05:00 PM

DoubleDragon Properties Corp. has applied for a P14.7-billion real estate investment trust (REIT) listing for its DD Meridian Park on Monday, which will expand the company's leasable floor area in the next few years. Read more »

Aboitiz gets PDEx nod list second tranche of P30 billion bonds

ABS-CBN News
Posted at Nov 16 02:40 PM

Conglomerate Aboitiz Equity Ventures Inc. (AEV) has secured approval from the Philippine Dealing and Exchange Corporation (PDEx) to list the second tranche of its P30 billion fixed-rate bonds, the company said on Monday.   Read more »

Alliance Global sees profit increase as businesses pick up after pandemic slump

ABS-CBN News
Updated as of Nov 14 12:57 AM

Diversified holding firm Alliance Global Group Inc. (AGI) improved net income to P2.2 billion in third quarter from P156 million in second quarter, attributing to gradual easing of quarantines lead to ramp up in business, it said on Friday. Read more »

JG Summit back in black as income rebounds in Q3

ABS-CBN News
Posted at Nov 13 01:40 PM

JG Summit Holdings Inc (JGS) said Friday it booked a consolidated net income of P844 million in the third quarter, after losing P720 million in the previous two quarters. Read more »

Ayala posts P3.4-B net income in Q3

ABS-CBN News
Posted at Nov 12 09:23 PM

Ayala Corp. said Thursday its third quarter net income improved to P3.4 billion versus the past few quarters on gains of its property, banks and industrial business as the economy started to reopen. Read more »

First Gen says LNG projects pushing through despite drop in Jan-Sept recurring income

ABS-CBN News
Posted at Nov 12 12:49 PM

Clean energy provider First Gen Corporation (First Gen) is pushing through with its liquefied natural gas (LNG) development despite a decline in recurring net income from January to September this year, the company said.   Read more »

Megaworld income rebounds in third quarter, says 'optimistic' as economy reopens

ABS-CBN News
Posted at Nov 11 10:50 AM

Megaworld said its net income in the July to September period grew 7 percent to P2.2 billion from the previous quarter. Revenues also grew by 9 percent to P9.5-billion from P8.7-billion in the second quarter.    Read more »

DMCI Holdings 3Q net income down on weaker energy, construction, water businesses

ABS-CBN News
Posted at Nov 10 09:57 PM

Consunji-led conglomerate DMCI Holdings said on Tuesday its net income declined by 34 percent in third quarter on weaker demand amid the pandemic-related economic slowdown.    Read more »

Bloomberry posts P2.5 billion net loss in Q3 due to pandemic operations halt

ABS-CBN News
Posted at Nov 10 07:54 PM

Difficult business environment amid quarantine and lockdowns dragged Solaire resort operator Bloomberry Resorts Corp to a net loss of P2.5 billion in the third quarter, the firm said on Tuesday. Read more »

DMCI Holdings 3Q net income down 34 pct as coal, construction businesses 'hit hardest'

ABS-CBN News
Posted at Nov 10 06:28 PM

Consunji-led DMCI Holdings said on Tuesday its net income declined 34 percent in the third quarter dragged by mining and construction businesses. Read more »

Century Properties says Q3 net income up 66 pct buoyed by affordable housing, leasing units

ABS-CBN News
Posted at Nov 10 05:57 PM

Century Properties Group (CPG) said on Tuesday it posted a net income of P562.8 million in the third quarter, 66 percent higher versus the same period last year propelled by strong performances from its affordable housing and leasing segments. Read more »

D&L Industries posts higher Q3 earnings despite pandemic

ABS-CBN News
Posted at Nov 09 11:12 PM

Food ingredients and chemicals manufacturer D&L Industries said on Monday that its third quarter net income stood at P573 million, an improvement from previous quarter declines brought about by the COVID-19 pandemic. Read more »

Jollibee trims net loss in Q3 as sales show 'marked improvement'

ABS-CBN News
Posted at Nov 09 02:12 PM

Jollibee Foods Corp recorded a P1.58 billion net loss in the third quarter, a "marked improvement" from the previous quarter as sales recover despite lingering effects of the pandemic, the company said on Monday. Read more »

Robinsons Land says Q3 net income up 38 pct

ABS-CBN News
Posted at Nov 06 05:30 PM

Robinsons Land said net income grew 38 percent to P717 million in third quarter as businesses, especially malls, showed signs of recovery due to easing of quarantine limitations, the firm said on Friday.   Read more »

PLDT Q3 income jumps 95 pct as data, broadband revenues reach 'all-time highs'

ABS-CBN News
Posted at Nov 05 04:07 PM

PLDT saw a 95-percent jump in third quarter net income as service revenues hit an “all-time high” due to strong data and broadband demand during the pandemic, the company said on Thursday. Read more »

AEV says Q3 net income down 35 pct, sees 'signs of recovery'

ABS-CBN News
Updated as of Nov 05 09:54 PM

Conglomerate Aboitiz Equity Ventures (AEV) said its third quarter net income dropped 35 percent as the group's units took a hit from the lockdowns imposed to curb the spread of COVID-19 which shrunk demand. Read more »