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Angel’s Pizza, the fastest-growing pizza chain of the Figaro Coffee Group, is excited to announce a remarkable achievement in its mid-year business review. The company has achieved 1.2 Billion Pesos in sales on GrabFood during the first half of 2024, with over 925 thousand transactions.
Fruitas Holdings, Inc., the leading operator of multi-format food and beverage stores, listed on the Philippine Stock Exchange under the symbol FRUIT, achieved a major milestone by securing another exclusive distributorship through its subsidiary, Balai ni Fruitas Inc. (BALAI).
AyalaLand Logistics Holdings Corp. Reported P413 Million in Net Income in H1 2024, Up by 22%7/29/2024 AyalaLand Logistics Holdings Corp. (ALLHC), an Ayala Land, Inc. (ALI) subsidiary, delivered solid operational results in the first six months of 2024, posting consolidated revenues of P2.6 billion and net income of P413 million.
Concepcion Industrial Corporation Reported a Strong Q22024 Performance with Earnings Growth at 110%7/29/2024 Concepcion Industrial Corporation (CIC), the country's leading provider of consumer lifestyle and enterprise solutions, concluded the second quarter Q22024 with consolidated earnings of P541 million, marking a twofold increase compared to the previous year. This growth was driven by well-executed sales strategies, enhanced customer engagement, and strong market demand fueled by hot weather conditions.
Philex Mining Corporation (Philex) generated P305 million core net income and an EBITDA of P617 million for 2Q2024 compared with the P314 million core net income and EBITDA of P553 million for the same period in 2023. This brings a total of Php410 million core net income and a total EBITDA of P912 million for the first half of 2024.
At the last meeting of the Board of Directors of Robinsons Retail Holdings, Inc. (RRHI) on July 25, 2024, the Board approved the following matters, which will be effective January 1, 2025: Lance Y. Gokongwei will step down as Chairman and as a Director of RRHI to assume the role of Board Adviser. Robina Gokongwei Pe will transition to the role of Chairman. She will likewise be the Chairman of the Remuneration, Nomination, and Succession Planning Committee. James L. Go will remain as Vice Chairman. Stanley C. Co will be a Director of RRHI and the President and Chief Executive Officer of RRHI. He will hold one (1) RRHI share by January 1, 2025.
PXP Energy Corporation reported H1-2024 results. Core Net Loss was lower at P9.5 million (6M 2023: P13.4 million) due to a higher average crude oil price, higher volume lifted from Galoc operations, a slight reduction in overhead, and a lower interest expense net. Consolidated Net Loss Attributable to Equity Holders of the Parent Company was also lower at P9.2 million (6M 2023: P12.7 million).
Aboitiz Equity Ventures Inc. (AEV) recorded consolidated net income of P11.5 billion for the first half of 2024, a 10% increase from the P10.5 billion reported for the first half of 2023. Excluding non-recurring net gain of P83 million, the Company’s core net income for the first half of 2024 was P11.4 billion, which was 2% higher than the Company’s core net income of P11.1 billion during the corresponding period in 2023.
Yuchengco-led PetroGreen Energy Corporation and Isuzu Partner on 3MWp Laguna Solar Rooftop Project7/25/2024 Yuchengco-led PetroGreen Energy Corporation (PGEC) and Isuzu Autoparts Manufacturing Corporation (IAMC) signed on July 23, 2024, a contract for the installation of a 3.002 megawatt peak (MWp) rooftop solar project at IAMC’s manufacturing facility in Laguna. The project will commence during the 3Q of 2024 and is expected to be completed by 2Q 2025. Upon completion, it will be among the largest commercial and industrial (C&I) rooftop solar facilities in Laguna.
Filinvest Hospitality Corporation is set to develop a 730 square meter prime property in Camp John Hay, Baguio City, after winning the bid for a six-year lease contract offered by the Bases Conversion and Development Authority (BCDA) and John Hay Management Corporation (JHMC). The official signing of the agreement took place on Tuesday, July 23, 2024, at the BCDA Office in Taguig City.
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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. Follow me on FACEBOOK x PLACE YOUR ADS HERE PLACE YOUR ADS HERE Categories
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