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JG Summit’s net profit grew by 151% to P13B in 1st half of 2014

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SCREENGRAB from www.jgsummit.com.ph

Gokongwei-led JG Summit Holdings Inc. jacked up its first semester net profit by 151.3 percent year-on-year to P13 billion as extraordinary items added to the growth in core earnings.

Posted: August 14th, 2014 in Latest Business Stories | Read More »

ARC invests on brand new Mitsubishi and Fuso vehicles

From left to right:  Mr. Gerry Garcia (EVP and COO, ARC) and Mr. Junya Masuda (EVP Marketing, MMPC).

ARC Refreshments Corp. (ARC) recently purchased a fleet of brand new Fuso trucks and L200 Single Cab from Mitsubishi Motors Phils. Corp. (MMPC). ARC is a Filipino owned company engaged in the beverage business. Exclusive license to manufacture and distribute RC Cola was awarded by RC Cola USA to ARC. Other brands that ARC carries are Fruit Soda Orange, Juicy Lemon and Arcy’s Rootbeer.

Posted: June 17th, 2014 in Latest Business Stories,Motoring | Read More »

Beer Below Zero targets US market

Beer Below Zero is set to extend its products and services to the United States this May 2014, after successfully capturing the Asia-Pacific market following its aggressive regional expansion in 2010.

Posted: May 19th, 2014 in Headlines | Read More »

Alliance Global nets P17.2 B in 2013

By
Kingson Sian, AGI president and chief operating officer. FILE PHOTO

Alliance Global Group Inc. grew its net profit attributable to equity holders of parent firm by about 24 percent to P17.2 billion led by growth in its beverage, property integrated gaming, consumer and tourism businesses.

Posted: April 30th, 2014 in Latest Business Stories | Read More »

Pepsi’s PH unit has new president

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Beverage-maker Pepsi-Cola Products Philippines Inc. has appointed Furqan Ahmed Syed president and director effective April 1.

Posted: March 31st, 2014 in Headlines | Read More »

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