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Robinsons profit up 15%

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ROBINSONS Cybergate Davao has 2,700 sq m of leasable office space.

Robinsons Retail Holdings Inc. of the Gokongwei group on Thursday reported that its core profit in the first quarter rose 15.2 percent to P530 million as more stores opened.

Posted: May 16th, 2014 in Latest Business Stories | Read More »

Megaworld nets P2.69 billion in first quarter

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Screengrab from www.megaworldcorp.com

Property developer Megaworld Corp. grew its first quarter net profit by 49 percent year-on-year to P2.69 billion as one-time gains added to residential and leasing income.

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

D&L Industries nets P377 M in Q1

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Screengrab from www.dnl.com.ph

Food ingredients and plastic manufacturer D&L Industries posted a 20-percent year-on-year growth in first-quarter net profit to P377 million as all business segments expanded alongside the growing economy.

Posted: May 13th, 2014 in Latest Business Stories | Read More »

Security Bank’s Q1 profit up 17% to P1.43 billion

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Screnngrab from www.securitybank.com

Bucking the downturn experienced by most of its peers, Security Bank grew its first-quarter net profit by 17-percent year-on-year to P1.43 billion on higher interest earnings and improved margins.

Posted: May 13th, 2014 in Latest Business Stories | Read More »

Purefoods nets P870 million in Q1

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Screengrab from sanmiguelpurefoods.com

San Miguel Pure Foods Co. Inc. (SMPFC) grew its first quarter net profit by 24 percent year-on-year to P870 million on higher volume and selling prices as well as improved operating efficiency.

Posted: May 8th, 2014 in Latest Business Stories | Read More »

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