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Banking unit weighs down Filinvest profit

Filinvest Development Corp. of the Gotianun group posted a 12 percent year-on-year decline in nine-month net profit to P3.77 billion, weighed down by lower earnings contribution from the banking business.

Posted: November 15th, 2014 in Headlines | Read More »

JG Summit 9-mo profit surges by 88%

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Gokongwei-led conglomerate JG Summit Holdings Inc. boosted its nine-month net profit year-on-year by 88.4 percent to P15.85 billion on the back of food and beverage, airline, and property businesses.

Posted: November 15th, 2014 in Headlines | Read More »

Vista Land nets P4.2 billion in 9 months

By
SCREENGRAB from www.vistaland.com.ph

Vista Land & Lifescapes reported a net income of P4.2 billion for the first nine months of the year, 12 percent more than in the same period last year on the back of a double-digit increase in revenues from core housing products.

Posted: November 12th, 2014 in Latest Business Stories | Read More »

ABS-CBN unfazed by decline in 9-month profit

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ABS-CBN Corp., the media holding company of the Lopez Group, reported that profits in the nine months to September dipped due to the absence of election-related spending.

Posted: November 12th, 2014 in Headlines | Read More »

Landbank 9-month net income down 11%

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landbank

The absence of exceptional trading gains continued to weigh on Landbank of the Philippines’ profit at the end of September, reflecting an industry-wide slump due to rising interest rates and volatile market conditions.

Posted: November 11th, 2014 in Latest Business Stories | Read More »

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