Mass housing developer 8990 Holdings Inc. generated P4.1 billion from the sale of housing units in the first semester, doubling the level seen in the same period last year and putting the company on track with its full-year gross revenue goal of P8 billion.
Food and beverage group RFM Corp. grew its first-semester net profit by 10 percent year on year to P427 million as sales picked up pace in the second quarter despite the adverse impact of the truck ban in the capital city of Manila.
By Christian V. Esguerra
, Paolo G. Montecillo
Earnings of the national government from state-owned enterprises rose by more than a tenth last year amid the continuing improvement in the way these companies are run.
By Paolo G. Montecillo
Beverage giant Pepsi Cola Products Philippines Inc. (PCPPI) is banking on the Filipino consumer’s sweet tooth and the country’s booming economy to continue to boost sales this year.
Newly launched health insurance products boosted first year premiums (FYP) of AXA Philippines in the first quarter, even as the total premium income dropped by a double-digit rate during the same three-month period as a result of the market volatility experienced late last year.