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Leading Philippine counter service bakery chain Balai ni Fruitas, listed on the Philippine Stock Exchange under the symbol BALAI, established its first Balai Pandesal store in Cebu. The store is located at 30 Cabarrubias St., Tisa, Cebu City. This marks the first Balai Pandesal store in the Visayas and Mindanao region and is a key […]
Financial Highlights: CTS Global booked a net income of Php 49.9 Mil for the first half of 2022, higher by 73.6% versus the previous year. The increase was largely driven by forex gains of Php 44.9 Mil as the firm was able to capitalize on the strong dollar 1H2022 revenues totaled Php 61.4 Mil, down […]
FIRST HALF 2022 FINANCIAL HIGHLIGHTS Revenues +55.9% year-on-year to ₱2.875 Billion EBITDA +62.5% year-on-year to ₱99.448 Million Net Income +96.5% year-on-year to ₱32.247 Million Total Equity +7.9% year-on-year to ₱2.114 Billion Total Assets +11.2% year-on-year to ₱7.222 Billion The MerryMart Group’s financial performance in the first half of 2022 was boosted by the consolidation of […]
