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Aboitiz Equity sees 3% rise in Q3 profit

Conglomerate Aboitiz Equity Ventures Inc. (AEV) saw its third quarter net profit grow by 3 percent year-on-year to P4.8 billion, aided by improved earnings from its banking business.

Posted: October 30th, 2014 in Headlines | Read More »

Aboitiz nets P14 billion in 9 months

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Screengrab from www.aboitiz.com

Aboitiz Equity Ventures Inc. grew its third quarter net profit by 3 percent year-on-year to P4.8 billion, aided by improved earnings from the banking business.

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

Listed PH firms post 10.8% jump in H1 combined profit

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pse

Publicly listed companies in the Philippines grew their combined year-on-year net profit in the first semester by 10.8 percent to P311.57 billion, reversing the slump seen in the same period last year.

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

Banks face future from position of strength

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Theymostly outperformed the rest of the local stock market in the first semester and did not disappoint when it was time to report their interim earnings. Hardened by the Asian financial crisis of 1997 and some minor hiccups during the Wall Street-centered global crunch that followed the collapse of Lehman Brothers in 2008, Philippine banks are seen on track to post another banner year this 2012—notwithstanding a bleak global economic backdrop.

Posted: October 19th, 2014 in Headlines | Read More »

Profits in a trendless market

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Given last week’s trading results, it appears that investors may have to endure a further consolidation of stock prices and experience more uneventful trading days ahead.

Posted: August 12th, 2014 in Columnists,Inquirer Columns | Read More »

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