DigiPlus Interactive Corp. (DigiPlus), the country's fastest-growing digital entertainment business, released its financial results for the fourth quarter and full year ended December 31, 2023, based on unaudited financial statements.
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Repower Energy Development Corporation (REDC), a subsidiary of Pure Energy Holdings, said that the Department of Energy has awarded the business 500 MW of Wind Energy Service Contracts, allowing REDC to expand its portfolio of clean-energy plants across the country.
D.M. Wenceslao & Associates, Inc.'s (DMW) 2023 net income climbed more than threefold to P7.3 billion from P2.1 billion in 2022, driven by strong leasing, consistent residential growth, and one-time profits.
The leading Philippine producer of nickel ore, Global Ferronickel Holdings, Inc. (FNI), reported P8.8 billion in sales, P2.8 billion in operating income, P1.5 billion in net income attributable to shareholders, and P0.3022 in earnings per share (EPS) for 2023.
Renewable energy pioneer Alternergy Holdings Corporation (Alternergy) awarded China Energy Engineering Group Guangdong Electric Power Design Institute Co. Ltd. (GEDI) and GEDI Construction Development Corporation (GCDC), a Philippine subsidiary of GEDI, the Balance of Plant (BOP) Engineering, Procurement and Construction (EPC) contract for its Alabat and Tanay Wind Power Projects, with a combined capacity of 163 MW.
LT Group, Inc. (LTG) reported an attributable net income of P25.42 billion in 2023, a 1% increase over P25.14 billion in 2022.
The DFNN Board of Directors decided to form a Joint Venture Company ("JVC") with Consulting Informático de Cantabria (CIC), allowing the latter to expand its activities and help the Philippines and other Asian nations in collaboration and coordination with DFNN.
Converge ICT Solutions FY2023 Net Income Increased by 22.3% from FY2022 to Reach PHP 9.1 Billion3/17/2024 Converge Information and Communications Technology Solutions, Inc. (Converge), the Philippines' sole pure-play high-speed fixed broadband operator, had 2,128,052 subscribers at the end of 2023. This consists of 2,013,216 postpaid users and 114,836 prepaid subscribers. Net additional subscribers reached 79,766 in the fourth quarter of 2023, accounting for 31.8% of total FY2023 net additions.
SysNet Integrators and EEI Power Launched ParkNCharge EV Charging Stations in SM Office Buildings3/17/2024 SysNet Integrators, Inc. (SysNet) and partner EEI Power Corporation (EPC), a subsidiary of construction firm EEI Corporation, recently unveiled and inaugurated three ParkNcharge (PNC) electric vehicle (EV) charging stations at SM Offices' ThreeE-com Center, FourE-com Center, and FiveE-com Center in the Mall of Asia Complex in Pasay.
A Memorandum of Understanding was signed between NOW Corporation (NOW) and UltraPass Identity Asia, Inc. (UltraPass ID) to offer decentralized identification solutions for safeguarding digital infrastructure and granting secure access to ICT systems and projects throughout the Indo-Pacific area, including the Philippines.
Alsons Consolidated Resources, Inc. Soars Net Income for 2023 Increased by 22% to PHP 2.285 Billion3/16/2024 The publicly listed Alsons Consolidated Resources, Inc. (ACR), which is part of the Mindanao-anchored Alcantara Group, reported a 22% increase in net income in 2023 to P2.285 billion from P1.875 billion in 2022. This increase highlighted the rising need for electricity in Mindanao's main markets. ACR also recorded 3% growth in revenue, generating P12.4 billion in 2023.
ACEN Corporation has demonstrated its dedication to environmental stewardship by receiving a "B" rating from CDP, a global non-profit organization that manages the most popular environmental disclosure platform in the world, for its climate change disclosure. With two more stars than in the previous year, ACEN's assessment highlights the company's commitment to decarbonization and strict adherence to environmental regulations.
In comparison to a high base year of 2022, Universal Robina Corporation's (URC) sales for the year ending December 31, 2023, were P158.4 billion, an increase of 6%. Growing sequentially over the previous quarter, the Branded Consumer Foods (BCF) and Agro-Industrial & Commodities (AIC) businesses maintained their pace into the fourth quarter.
San Miguel Corporation (SMC) announced substantial full-year earnings for 2023, showcasing a 67% increase in consolidated net income to P44.7 billion.
On March 13, 2024, the DoubleDragon's 680-room Hotel101-Madrid completed two milestone events on the same day: it held its ground-breaking ceremony and signed the construction contract with Ferrovial Construction in Valdebebas, Madrid, Spain.
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