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Alibaba sees annual growth slowing sharply as consumption lags

Josh Horwitz and Subrat Patnaik, Reuters
Posted at Nov 19 08:24 AM

China's Alibaba forecast annual revenue to grow at its slowest pace since its 2014 stock market debut as second-quarter results missed expectations due to slowing consumption, increasing competition and a regulatory crackdown. Read more »

DoubleDragon says net income up by 250.86 pct in first 9 months

ABS-CBN News
Updated as of Nov 16 11:56 AM

DoubleDragon said Tuesday its core net income for the first 9 months grew 250.86 percent to P4.18 billion compared to the same period last year. Read more »

SSI Group trims net loss in first 9 months of 2021

ABS-CBN News
Posted at Nov 15 05:00 PM

Specialty retailer SSI Group said it reduced its net loss for the first 9 months of the year by 42 percent due to strong sales in the third quarter. Read more »

GT Capital net income at P8.1B in first 9 months

ABS-CBN News
Posted at Nov 15 02:46 PM

GT Capital Holdings Inc posted net income of P8.1 billion in the first 9 months of the year, the company said Monday. Read more »

First Gen net income up 11 pct in Jan to Sept

ABS-CBN News
Posted at Nov 15 12:38 PM

The Lopez Group's First Gen Corp said Monday its recurring net income attributable to equity holders reached P10.3 billion in the first 9 months of the year Read more »

RCBC net income at P5.3 billion in first 9 months

ABS-CBN News
Updated as of Nov 15 10:09 AM

Rizal Commercial Banking Corp said Monday its unaudited consolidated net income surged 33 percent to P5.3 billion for the first 9 months of the year compared to the same period last year. Read more »

NEDA: PH can reach 'upper middle-income' status in 2022

Job Manahan, ABS-CBN News
Updated as of Nov 13 02:13 PM

NEDA Undersecretary Rosemarie Edillon said the country was forecast to reach the status supposedly last 2020, but the COVID-19 pandemic hit. Read more »

Lucio Tan's LT Group posts P9.95B net income for Jan to Sept

ABS-CBN News
Posted at Nov 12 04:30 PM

LT Group Inc said Friday its attributable net income for the first 9 months of 2021 hit P9.95 billion, lower by 38 percent compared to the P16.10 billion in the same period last year. Read more »

Converge more than doubles 9-month net income

ABS-CBN News
Posted at Nov 12 03:14 PM

Converge ICT more than doubled its 9-month net income to P5.2 billion due to the increased demand for connectivity and subscriber growth, founder and CEO Dennis Anthony Uy told ANC Friday. Read more »

Globe Telecom posts P18-B net income from Jan-Sept

ABS-CBN News
Posted at Nov 12 11:59 AM

Globe Telecom said Friday its consolidated net income grew 13 percent to P18 billion for the first 9 months of the year. Read more »

San Miguel Corp net income at P34.2-B in Jan-Sept

ABS-CBN News
Posted at Nov 12 11:14 AM

San Miguel Corp more than doubled its consolidated net income for the first 9 months of 2021 to P34.2 billion from P10.7 billion in the same comparable period. Read more »

Pilipinas Shell posts P3.4-B net income in 9 months

ABS-CBN News
Posted at Nov 12 09:54 AM

Pilipinas Shell Petroleum Corp on Friday said its net income recovered to P3.4 billion in the first 9 months of the year from the P13.9 billion loss in the same period last year. Read more »

Monde Nissin pursuing long-term growth plans despite pandemic setbacks

Jessica Fenol. ABS-CBN News
Posted at Nov 11 05:06 PM

Monde Nissin said Thursday it remained focused on its long-term growth plans despite setbacks due to logistical issues brought by the COVID-19 pandemic. Read more »

Converge posts P5.2-B net income on Jan-Sept

ABS-CBN News
Posted at Nov 11 01:35 PM

Converge Information and Communications Technology Solutions Inc posted a net income of P5.2 billion in the first 9 months of the year or more than double the P2.1 billion in the same period last year, it said Thursday. Read more »

San Miguel Food and Beverage posts P24.2-B net income

ABS-CBN News
Updated as of Nov 11 11:48 AM

San Miguel Food and Beverage Inc on Thursday said its net income for the first 9 months of the year rose 68 percent to P24.2 billion. Read more »

Emperador says net income grew 35 pct in Jan-Sept

ABS-CBN News
Posted at Nov 11 11:22 AM

Emperador Inc on Thursday said its not profit normalized in the first 9 months of the year by growing 35 percent to P7.9 billion. Read more »

Megaworld net income at P8.6B in first 9 months of 2021

ABS-CBN News
Updated as of Nov 10 11:37 AM

Megaworld Corp said Wednesday its net income for the first 9 months of the year rose 6 percent to P8.6 billion from P8.1 billion in the same period last year. Read more »

Phoenix Petroleum says net income at P170 million in Jan to Sept

ABS-CBN News
Posted at Nov 10 11:05 AM

Phoenix Petroleum said Wednesday its net income reached P170 million in the first 9 months of the year from a net loss of P95 million in the same period last year. Read more »

Nissan triples profit forecast despite chip crunch

Agence France-Presse
Posted at Nov 10 08:30 AM

Nissan tripled its full-year net profit forecast on Tuesday as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges including the chip crunch and rising raw material prices. Read more »

Jollibee says Q3 net income rebounds to P1.6 billion

ABS-CBN News
Posted at Nov 09 02:30 PM

Jollibee Foods Corp said Tuesday it posted a net income of P1.6 billion in the third quarter, which brought the total for the first 9 months of the year to P2.7 billion. Read more »