Italpinas Development Corporation to purchase 25,000 shares with a par value of P100 for a total consideration of P2,500,000.00 of Edil-Impresa, Inc.
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The hospitality business unit of Robinsons Land Corporation (RLC), Robinsons Hotels and Resorts (RHR), is bullish on expanding its upscale ‘Grand Summit’ hotel brand in Panglao, Bohol.
D&L Industries’ recurring income reached P2.3 billion, or earnings per share of P0.327, in full year 2024 (FY24). This is higher by 2% year-on-year (YoY). In the fourth quarter alone, earnings stood at P530mn, up 5% YoY and 7% quarter-on-quarter (QoQ).
SM Investments Corporation reported consolidated net income of P82.6 billion in 2024, a 7% increase from P77.0 billion in 2023. Consolidated revenues also grew by 6%, reaching P654.8 billion, up from P616.3 billion in the previous year.
DigiPlus Interactive Corp. is solidifying its commitment to Brazil’s rapidly expanding iGaming sector with the appointment of industry specialist Graham Tidey as country manager of DigiPlus’ operations in Brazil, under its wholly owned subsidiary DigiPlus Brazil Interactive Ltda., effective March 1, 2025.
Philex Mining's 2024 Core Net Income Slid by 22% to P746 million from P963 Million in 20232/28/2025 Philex Mining Corporation, added P136 million core net income and P564 million EBITDA in 4Q2024 to the P610 million core net income and P1.418 billion EBITDA of the first nine months ended September 30, 2024. Full year 2024 reached core income at P746 million and EBITDA at P1.981 billion. Gold and copper prices were at relative higher levels throughout the year, compared with 2023, while foreign exchange rate continued to improve through 4Q2024.
China Banking Corporation (Chinabank) booked a record net income of P24.8 billion in 2024, up 13% year-on-year. The sustained strength of core businesses lifted the bank’s earnings for the year, which translated to a return on equity of 15.6% and return on assets of 1.6%.
AEON Center, a prominent corporate building in Filinvest City, Alabang, Muntinlupa City, has officially switched to 100% renewable energy. This achievement comes through a partnership with ACEN RES, the retail electricity unit of the Ayala group, making AEON Center the third building of Innoland Development Corporation in Metro Manila to fully embrace renewable energy, joining the Polaris and Capella buildings.
PLDT, Inc.reported a 3% rise (P6.6 billion) in Gross Service Revenues to P208.4 billion, while Consolidated Service Revenues (net of interconnect costs) grew by 2% (P3.3 billion) to P194.7 billion in 2024. Data and broadband, which grew by 3% (P4.5 billion) to P162.1 billion, contributed 83% to Consolidated Service Revenues. Excluding legacy drag, Consolidated Service Revenues were higher by 5% year-on-year.
Listed natural resources development company Nickel Asia Corporation (NAC) reported an attributable net income (net of minority interest) of P1.52 billion, including a P1.55 billion provision for its geothermal investment in Naujan, Oriental Mindoro.
PXP Energy Corporation's Core Net Loss was lower at P33.3 million (2023: P42.5 million) due to higher volume lifted (partly offset by the slight decline in average crude oil price from SC 14C-1 Galoc operations), reduction in overhead, and lower net interest expense.
The Ayala Group is the first conglomerate in the Philippines to take the Working with Cancer pledge, a global movement that aims to raise awareness and support for employees who are affected by cancer.
SM Prime Holdings, one of Southeast Asia’s largest integrated property developers, has been certified as a Great Place to Work (GPTW) for 2025. This recognition underscores the company’s commitment to fostering a workplace where employees can thrive both professionally and personally.
Ayala Land, Inc. (ALI) signed a Memorandum of Agreement (MOA) for the acquisition of a portion of ABS-CBN Corporation’s (ABS-CBN) property located in Quezon City, subject to conditions precedent, including clearance by the Philippine Competition Commission, among others.
SM Prime Holdings, Inc. has listed its P25 billion fixed rate retail bonds on the Philippine Dealing & Exchange Corp. (PDEx) on February 25, 2025.
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