Key highlights: Strong growth performance across all business units in the 1Q 2023; Net income attributable to parent surpasses 1Q 2019 levels EPS climbs by 95%YoY to Php0.53/sh; Net Book Value at Php26.36 per share, the highest in the Company’s history Net gearing ratio remains muted at 0.34:1 RLC Board declares cash dividends of Php0.52
Atlas Consolidated Mining and Development Corporation (“Atlas Mining) completed the first quarter of the year 2023 with a reported net income of Php264 million from Php 1.22 billion for same period in 2022. The lower income was mainly due to lower grade and milling tonnage as well as a non-recurring non cash gain booked in
EasyCall Communications Philippines (ECP) Press Release EasyCall Communications Philippines (PSE: ECP) has reported its financial results for the full year 2022, demonstrating robust growth and progress as it positions itself as a leader in data technology. ECP is continuing to drive digital transformation initiatives and expand its service offerings, as evidenced by its acquisition of
In BDO Unibank, Inc.’s (BDO) Annual Stockholders’ Meeting, President and CEO Nestor V. Tan highlighted the Bank’s 33% year-on-year (YoY) increase in net income to ₱57.1 billion in 2022, driven by healthy growth across all core businesses. The momentum was sustained in the first quarter of 2023 with earnings up 41% YoY to ₱16.5 billion.
Bank of the Philippine Islands recognized net income of P12.1 billion for the first three months of 2023, up 52.0% compared to the same period last year, achieving a Return on Equity of 15.4%. The solid performance was attributable to average asset base expansion, margin growth, and lower provisions. Total revenues for the first quarter
At its special meeting today, April 19, the Board of Directors of China Banking Corporation (China Bank, stock symbol: CHIB) approved the declaration of P1.00 per share regular cash dividend and an additional P0.90 per share special cash dividend, payable on May 18, 2023 to all stockholders on record as of May 5, 2023. The
PETITIONERS GUILTY OF FORUM SHOPPING The Court of Appeals (“CA”) upheld the dismissal of a civil complaint filed in 2015 by minority shareholders of Alliance Select Foods International, Inc. (“ASFII; PSE: FOOD”) finding, among others, that the minority shareholders had committed forum shopping. In a March 28, 2023 Decision, the CA’s Thirteenth Division upheld the
Filinvest REIT Corp. (FILRT), the flagship commercial REIT of the Filinvest group, recently held its virtual Annual Stockholders Meeting where the company shared highlights of its 2022 performance, including updates on its office leasing business FILRT recorded a net income of ₱1.31 billion in 2022 that was achieved on the back of rental and other
PSE-listed Haus Talk, Inc. (HTI) launched today The Granary, a 10-hectare economic housing complex in Biñan, Laguna. The development features an allocation of 40% of its total land area for common use including relatively wider road networks and open spaces when compared to other similar segment offerings. Amenities for the residents are also in the
