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Marcventures expects net profit to reach P1B in ’14

SCREENGRAB from www.marcventuresholdings.com

Nickel mining firm Marcventures Holdings Inc. expects to end this year with about P1 billion in net profit, matching last year’s level, as its Cantilan mine in Surigao del Sur rekindled operations after a two-month suspension.

Posted: August 22nd, 2014 in Headlines,Latest Business Stories | Read More »

AGI posts P7.5-B net profit

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Andrew Tan. INQUIRER FILE PHOTO

Tycoon Andrew Tan-led Alliance Global Group Inc. (AGI) posted a P7.5-billion first-semester net profit attributable to equity holders of parent, down by 9 percent year-on-year on slower revenues from gaming, hotel and fast food businesses.

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

Alliance Global Group’s net profit falls by 9% to P7.5B in 1st half of 2014

By
Andrew Tan. INQUIRER FILE PHOTO

Tycoon Andrew Tan-led Alliance Global Group Inc. posted a P7.5 billion first-semester net profit attributable to equity holders of parent, down by around 9 percent year-on-year on slower revenues from gaming, hotel and fast-food businesses.

Posted: August 19th, 2014 in Latest Business Stories | Read More »

Asia United Bank’s net profit grows by 7.6% to P879.5M in first half of 2014

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Screengrab from http://www.aub.com.ph/home

The Rebisco group’s banking arm Asia United Bank grew its six-month net profit by 7.6 percent year-on-year to P879.5 million on a double-digit growth in core lending and a recovery in treasury earnings, bucking the downturn seen by most of its banking peers.

Posted: August 18th, 2014 in Latest Business Stories | Read More »

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

By
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 »

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