Home Tags Earnings

Tag: earnings

CPG targets double-digit profit growth this year

CENTURY Properties Group, Inc. (CPG) expects to see double-digit growth in net income this year, banking on its diversification into the affordable and leisure segments.

PAL expects ‘modest profit’ this year

Philippine Airlines (PAL) is looking to swing to “modest profit” this year after posting a loss of P7.1 billion in 2017. PAL President Jaime J....

RCI looking to ‘stabilize’ this year

Roxas and Company, Inc. (RCI) expects its business ventures to stabilize in 2018, banking on its property projects and coconut processing plant to drive...

AUB’s Q1 consolidated net income grows 21%

Asia United Bank (AUB) reported its consolidated net income went up in the first quarter on the back of double-digit growth in its core...

Republic Cement sees profit rebounding this year

Republic Cement and Building Materials, Inc. expects profits to recover this year after higher input costs and intense competition put pressure on margins last...

Megawide attributable profit grows 8% in Q1

Megawide Construction Corp delivered an 8% improvement in its attributable profit for the first three months of 2018, driven by the double-digit topline growth...

Cirtek net income up by 14% on strong revenue growth

Cirtek Holdings Philippines Corp. (CHPC) grew its net income by 14% in the first quarter of 2018, driven by a double-digit increase in revenues...

Leisure & Resorts World Q1 net profit falls 70%

LEISURE & Resorts World Corp. (LRWC) reported on Friday a first-quarter net profit of P82.42 million, down nearly 70% from a year earlier, as...

FDC first-quarter earnings up by 18%

Filinvest Development Corp. (FDC) delivered an 18% increase in net income for the first quarter of 2018, driven mainly by its property units and...

Higher sales lift Wilcon Depot’s first-quarter bottom line

Wilcon Depot, Inc posted single-digit growth in net income for the first quarter of 2018, following higher sales from its depot format stores. In a...

SBS Philippines profit declines in first quarter

SBS Philippines Corp saw its profit decline by a third in the first quarter of 2018, following higher finance costs and its share in...

DoubleDragon net income soars in first-quarter

Earnings of DoubleDragon Properties Corp soared 350% in the first quarter of 2018, riding on the back of higher sources of recurring revenues under...

Cebu Air net income surges 12% in first quarter

Cebu Air, Inc. reported its net income for the first three months of 2018 stood at P1.437 billion, a 12% surge from the P1.283...

SMPC expects profit growth despite plant shutdowns

Semirara Mining and Power Corp. (SMPC) expects profit growth this year despite the plant shutdowns as its coal business is expected to offset the...

Ayala Q1 profits hit P7.7B

By Arra Francia, Reporter THE real estate and power units of Ayala Corp. (AC) boosted its earnings for the first quarter of 2018, with net...

Tabacco, banking boost LT Group’s Q1 profits

THE attributable profit of the LT Group, Inc. (LTG) jumped by 61% in the first quarter of 2018, boosted by its tobacco and banking...

Phoenix Petroleum earnings, revenue up 65% and 107% in Q1

PHOENIX Petroleum Philippines, Inc. reported a net income of P464.75 million for the first three months of 2018, 65% higher than the P282.31 million...

Shakey’s earnings up 6% in Q1

SHAKEY’s Pizza Asia Ventures, Inc. (SPAVI) reported single digit growth in earnings for the first quarter of 2018, but remains positive for the rest...

SSI earnings fall in Q1

EARNINGS of the SSI Group, Inc. fell in the first three months of the year, dragged by the weakening peso despite a single-digit growth...

Ayala Corp profit rises 10% in first quarter

Ayala Corp. (AC)’s real estate and power units boosted its earnings for the first quarter of 2018, with net income attributable to the parent...

SSI Group earnings dip in first quarter

Earnings of SSI Group, Inc. fell in the first three months of the year, dragged by the weakening peso despite a single-digit growth in...

Tobacco, banking units lift LT Group Q1 bottom line

LT Group, Inc. (LTG)’s attributable profit jumped by 61% in the first quarter of 2018, boosted by its tobacco and banking units. In a statement...

RCBC books higher Q1 profit on strong loan growth

Rizal Commercial Banking Corp. (RCBC) reported higher net profit in the first quarter supported by robust loan growth and reduction in non-performing assets. The Yuchengco-led...

Phoenix Petroleum Q1 earnings soar on acquisitions, network expansion

Phoenix Petroleum Philippines, Inc. reported a net income of ₱464.75 million for the first three months of 2018, 65% higher than the ₱282.31 million...

PXP Energy trims net loss in Q1

PXP Energy Corp. has trimmed its net loss to P3.7 million in the first quarter, in part because of the higher petroleum revenues and...

Philex Mining net income drops on lower production

Philex Mining Corp. reported a 24% drop in its first quarter core net income to P346 million from P458 million from the same period...

Vista Land profit up by 13% in first quarter

Vista Land and Lifescapes, Inc. (VLL)’s attributable profit grew by 13% in the first three months of 2018, supported by its residential business alongside...

Stronger dollar hurts ICTSI first-quarter earnings

International Container Terminal Services, Inc. (ICTSI) earnings fell 15% on the first three months of 2018 at US$44.1 million from US$51.7 million in the...

Damaged property from Cebu fire drags Metro Retail profit down 6%

Metro Retail Stores Group, Inc. reported a 6% decline in net profit at P90 million for the first quarter of 2018, a result of...

Chelsea Logistics reports three-fold jump in Q1 profit

Chelsea Logistics Holdings Corp. (CLC) reported that its net income for the first quarter of 2018 reached P115 million, an increase by 326% from...

Manila Water net income rises 17% in Q1

Manila Water Co., Inc. posted a 17% increase in first-quarter net income to P1.69 billion mainly coming the growth in its Manila concession area...

Megaworld posts 11% profit growth in first quarter

Andrew L. Tan-led Megaworld Corp. posted an 11.3% increase in net income attributable to the parent to P3.2 billion during the first three months...

LANBANK first-quarter profit rises on robust loan growth

Land Bank of the Philippines (LANDBANK) saw its net income surge by half in the first quarter, supported by strong profit growth in loans. The...

PNB net income up by 20% in first quarter

Philippine National Bank (PNB) saw its net profits rise in the first quarter of the year on the back of growth in its core...

ALI Q1 profit rises on higher real estate, commercial revenues

Earnings of Ayala Land, Inc. (ALI) went up by 17% during the first quarter of 2017, supported by its aggressive real estate and commercial...

Bloomberry reports 73% profit surge in first quarter

Bloomberry Resorts Corp reported a 73% increase in attributable profit for the first three months of 2018, boosted by record volumes in both mass...

Holcim profit drops in first quarter

Holcim Philippines, Inc. reported a 26.5% drop in its attributable profit for the first three months of 2018, although noting that sales volumes have...

SM first-quarter profit grows 15%

The country’s largest shopping mall operator booked a 15% profit increase during the first quarter of 2018, fuelled by its strategy of developing more...

Strong LPG sales boost Pryce Corp profit in first quarter

Pryce Corp. posted a 12.8% increase in first-quarter net income to P340.3 million as volume of sales of liquefied petroleum gas (LPG) grew at...

BPI profit flat in first quarter

Bank of the Philippine Islands (BPI) posted flat income in the first quarter despite logging revenue growth. In a disclosure Monday, May 7, BPI said...

China Bank profit slightly up in 2017

China Banking Corp. (China Bank) saw its net profit rise slightly in the first quarter of the year amid growth in its core businesses. In...

AEV first-quarter profit inches up by 3%

Aboitiz Equity Ventures, Inc. (AEV) grew its first quarter consolidated net income by 3% to P4.8 billion from P4.7 billion last year due to...

D&L posts 12% profit growth in first quarter

D&L Industries, Inc. posted a double-digit growth in earnings in the first three months of the year. The listed food and chemicals manufacturer said in...

MPIC net income up by 16% in first quarter

Metro Pacific Investments Corp. expects earnings this year to surpass the previous year’s level after first-quarter net profit climbed 16%. In a disclosure to the...

DFNN profit surges in 2017

DFNN, Inc. saw its profit surge last year on higher commission fees and service revenues. In a disclosure to the stock exchange on Wednesday, May...