Max’s Group, Inc. (MGI), the largest casual dining restaurant group in the Philippines, is reporting its operating results for both the second quarter and first half of 2022. The Group’s re-engineered economic model, designed to accelerate profit recovery even under ongoing market constraints, proved its viability yet again with all-time-high margins exceeding pre-pandemic levels. Second
SFA Semicon Philippines Corporation (PSE:SSP) disclosed that it has repurchased a total of 6,822,000 of its own shares as of August 11, 2022, 21 trading days after it started trading on July 14, 2022 in implementation of its share buyback program. The 6,822,000 common shares repurchased as of August 11, 2022 represents 0.32% of SSP’s
With the Stock Rights Offering (SRO) of Solar Philippines Nueva Ecija Corporation (SPNEC) on track to be completed over the coming weeks, the company has indicated this would pave the way for the completion of its asset-for-share swap with its parent company, Solar Philippines. In response to a question at a briefing on August 12,
Alsons Consolidated Resources Inc., (ACR) posted P689 million in net earnings for the first half of 2022 from the P871 million recorded in the first half of 2021. The publicly-listed company of the Alcantara Group reported net earnings of P364.93 million for the second quarter of 2022 from P492.39 million in the same period last
Fruitas reports best quarter since listing – delivers Php168 million of shareholder value in 2Q20222Q2022 net income of Php23 million is 3.3x 2Q2021 net incomeFruitas records Php145 million in incremental equity reserves from BALAI listing 2Q2022 Highlights: 2Q2022 net income of Php23 million – 3.3x 2Q2021 net income of Php7 million Php145 million excess value
