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Italpinas Development Corporation to Acquire Edil-Impresa, Inc.

2/28/2025

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Italpinas Development Corporation to Acquire Edil-Impresa, Inc.
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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Robinsons Hotels and Resorts Bullish on Grand Expansion in Panglao

2/28/2025

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Robinsons Hotels and Resorts Bullish on Grand Expansion in Panglao
​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.  

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D&L Industries FY24 Earnings Up 2% YoY to P2.3 Billion

2/28/2025

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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).

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SM Investments Posts 7% Growth in Net Earnings to P82.6B in 2024

2/28/2025

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SM Investments Posts 7% Growth in Net Earnings to P82.6B in 2024
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.

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DigiPlus Appoints Country Manager for Brazil Operations

2/28/2025

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DigiPlus Appoints Country Manager for Brazil Operations
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.

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Philex Mining's 2024 Core Net Income Slid by 22% to P746 million from P963 Million in 2023

2/28/2025

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Philex Mining's 2024 Core Net Income Slid by 22% to P746 million from P963 Million in 2023
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. 

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Chinabank Hits All-Time High Profit of P24.8 Billion in 2024

2/28/2025

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Chinabank Hits All-Time High Profit of P24.8 Billion in 2024
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%. 

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Innoland’s AEON Center in Alabang Now Powered by RE through ACEN RES

2/28/2025

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Innoland’s AEON Center in Alabang Now Powered by RE through ACEN RES
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.

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PLDT Profit Up 21.4% to P32.3 Billion in 2024

2/28/2025

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PLDT Profit Up 21.4% to P32.3 Billion in 2024
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.

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Nickel Asia Reports P1.52B Net Income for 2024, Inclusive of P1.55B Provision for Mindoro Geothermal Project

2/28/2025

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Nickel Asia Reports P1.52B Net Income for 2024, Inclusive of P1.55B Provision for Mindoro Geothermal Project
​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.

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