Filinvest Development Corporation (FDC) has listed the first tranche of its ₱32 billion fixed rate bonds on the Philippine Dealing & Exchange Corp (PDEx). The bond issuance consisted of a base offer of ₱7 billion, with an option for oversubscription of up to ₱3.0 billion. At an interest rate of 6.3206% per annum and a
Consolidation of PH digital healthcare industry’s largest players to reach more Filipinos, uplift healthcare services KonsultaMD superapp to launch in Q1 2023 The consolidation of the Philippines’ three market-leading digital health apps will help address consumers’ pain points on a greater scale, poised to deliver even more digital solutions to address Filipinos’ health challenges through
Consolidation of PH digital healthcare industry’s largest players to reach more Filipinos, uplift healthcare services. The consolidation of the Philippines’ three market-leading digital health apps will help address consumers’ pain points on a greater scale, poised to deliver even more digital solutions to address Filipinos’ health challenges through one superapp. The KonsultaMD superapp, a consolidation
DMCI Mining Corporation posted an 8-percent upturn in standalone second-quarter core net income from P502 million to P542 million as higher selling prices and stronger US dollar offset the combined impact of lower shipments and higher fuel costs. Including the impact of CREATE law last year, its standalone net income for the period contracted by
GT Capital Holdings, Inc. (GT Capital/GTCAP) disclosed today a 39% growth in its core net income to Php8.1 billion for the first half of 2022 from Php5.8 billion in the previous year. The conglomerate’s consolidated net income increased 24% to Php8.3 billion in the first six months of 2022 from Php6.7 billion in 2021. This
Alliance Global Group, Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, has sustained its strong performance in the second quarter of 2022 with a 24% quarter-on-quarter (QoQ) jump in net income to P6.6-billion as consolidated revenues grew 20% QoQ to P45.1-billion. Net income to owners in the same quarter amounted to P4.4-billion,
LT Group, Inc. (LTG) reported an attributable net income of Php15.40 billion for the first half of 2022, 313% higher than the Php3.73 billion for the first half of 2021. The tobacco business accounted for Php7.74 billion or 50% of total attributable income. Philippine National Bank (PNB) contributed Php6.28 billion or 41%. Tanduay Distillers, Inc.
Ayala Corporation | 1H 2022 Earnings Release 1H22 vs 1H21 Highlight Ayala’s net income grew 56 percent to ₱16.3 billion in the first semester of 2022 mainly due to BPI’s higher revenues, reduced provisioning, and gain from a property sale, Ayala Land’s strong leasing revenues from shopping centers and hotels and resorts, and Globe’s higher
