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PAL’s net income jumped 604% in July

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PAL. FILE PHOTO

The earnings streak set off by Philippine Airlines president and COO Ramon S. Ang continues as the July net income of the once money-losing flag carrier reached $11 million, bringing net income from January to July 2014 to $18.6 million.

Posted: August 20th, 2014 in Headlines,Latest Business Stories | Read More »

BDO nets P11 billion in first half of 2014

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bdo

Banco de Oro Unibank posted a net profit of P11.05 billion in the first semester, down 22 percent year-on-year but close to half of the bank’s full-year goal.

Posted: July 28th, 2014 in Latest Business Stories | Read More »

Ayala posts strong Q1 growth

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Conglomerate Ayala Corp. boosted its first-quarter net profit by 22 percent year on year to P5.5 billion as it generated more earnings from core real estate, telecommunications, water and international businesses alongside a one-time gain from the sale of its interest in a call center unit.

Posted: May 14th, 2014 in Headlines | Read More »

Lopez nets P1.94B in 2013

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lopez-holdings

Lopez Holdings posted a 55-percent decline in 2013 net income attributable to equity holders of parent firm to P1.94 billion in the absence of one-time gains that boosted earnings in the previous year.

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

Security Bank reports P1.4 B net profit in 1st quarter

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SCREENGRAB from www.securitybank.com

Security Bank Corp. reported Tuesday a net income of P1.43 billion for the first quarter of 2014, 17 percent up from P1.2 billion during the same period last year, on the back of a double-digit increase in net interest income.

Posted: April 29th, 2014 in Latest Business Stories | Read More »

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