Shakey's Pizza Asia Ventures, Inc. (SPAVI), one of the Philippines' biggest chain restaurant and food service groups, has reported its unaudited financial results for the first three months of 2024. Systemwide sales were P4.8 billion, up 15% from the high base in Q12023. This result was aided by the group's network growth strategy and consistent same-store sales.
0 Comments
Security Bank Corporation posted net profit of P2.6 billion in Q12024, reflecting growth in its Retail and MSME businesses.
Repower Energy Development Corporation (REDC), a subsidiary of Pure Energy Holdings Corporation, reports that its net income for the first quarter of 2024 improved from the previous year's first quarter due to the ongoing outstanding performance of its portfolio of micro-run-of-the-river hydropower facilities.
For the first three months of 2024, Rizal Commercial Banking Corporation (RCBC) declared an unaudited net income of P2.2 billion. This came after a strong rise in core business revenues to P11.6 billion, which included increases in net interest income of 32% and fees of 44%.
MacroAsia's growth momentum is still going strong, as it reveals that its revenues for the first three months of this year increased by 24% to P2.22 billion from P1.79 billion in Q1 2023. Consolidated net income increased 72% to P337 million in the first quarter of this year from P196 million in the same time last year, driven by robust topline growth and sustained cost leadership initiatives.
Jollibee Foods Corporation Reported Q12024 System-Wide Sales (SWS) of P86.8 Billion, Up 10.4%5/14/2024 Jollibee Foods Corporation (JFC, also known as Jollibee Group) one of the largest Asian food service companies, today reported its financial results of operations for the first quarter ended March 31, 2024, based on its Unaudited Consolidated Financial Statements.
Citicore Energy REIT Corp. (CREIT) posted a 26% increase in revenues at P473 million for the first quarter of 2024 from P376 million in the same period last year.
Bloomberry Resorts Corporation's Q12024 Consolidated Net Revenue was P12.5 Billion, Down 3%5/14/2024 Bloomberry Resorts Corporation (Bloomberry), whose subsidiaries own and operate Solaire Resort Entertainment City (Solaire) and Jeju Sun Hotel & Casino (Jeju Sun), reported unaudited consolidated financial results for the three months ended March 31, 2024.
D.M. Wenceslao and Associates, Inc.’s (DMW) Q12024 net income grew to P551 million, buoyed by robust leasing operations
Converge ICT Solutions, Inc. Registered Consolidated Revenues of P9.5 Billion for Q12024, Up 10.4%5/14/2024 Converge Information and Communications Technology Solutions, Inc. (Converge), the first pure-play high-speed fixed broadband provider in the Philippines, had 2,252,845 subscribers as of March 2024. There are 160,948 prepaid subscribers and 2,091,897 postpaid subscribers in total.
Excluding one-time factors, Ayala Corporation's (Ayala) core net income increased 26% to P11.8 billion, maintaining its growth trend. The growth was facilitated by the ongoing success of Ayala's main businesses, ACEN, Globe, BPI, and Ayala Land. Taking one-time factors into account, Ayala's net income increased by 28% to P13 billion.
Globe's consolidated gross service revenues grew by 3% to P41.1 billion in the first three months of 2024, despite the decline in home broadband and non-telco services.
Alliance Select Foods International, Inc. posted US$21.3 million in net revenue in Q12024. This is 55% higher YoY. Gross profit (GP) reached US$1.7 million, 106% greater than in Q12023. The company had net profits of US$89 thousand in Q12024, recording a profit for the second straight quarter.
For the first three months that ended on March 31, 2024, Nickel Asia Corporation (NAC) released its unaudited financial and operating results. The company's attributable net income (net of minority interest) was P202 million, which is less than the P970 million it declared for the same period the previous year.
Balai Ni Fruitas, Inc. Reported P145 Million in Revenues and 38% Net Income Growth in Q120245/13/2024 Balai ni Fruitas, Inc., a leading counter-service bakery operator, reported strong financial performance in Q12024. Revenues increased significantly, hitting P145 million, a 27% increase from Q12023. Balai Pandesal remained the company's fastest-growing brand in terms of same-store sales. The corporation has continued to promote e-commerce to boost revenues.
|
PLACE YOUR ADS HERE Join and Subscribe to my Newsletter. It's FREE! EMAIL SUBSCRIPTION
ABOUT THE
BLOGGER Hi, I'm Ralph Gregore Masalihit! An RFP Graduate (Registered Financial Planner Institute - Philippines). A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy). Currently, I'm working my way toward time and financial freedom. PLACE YOUR ADS HERE FOLLOW ME ON FACEBOOK & X Categories
All
|