DITO CME Holdings Corp (DITO CME) reported that for the six-month period ending 30 June 2022, the Company reported a 10.6x increase in revenues to P3.03 billion with EBITDA growing 26 percent to P2.79 billion. On the other hand, due to P7.26 billion in unrealized foreign exchange losses (from a gain in the same period
LRWC Q2 Results: Earnings realize complete flip, achieving positive EBITDA for 2Q 2022 since COVID-19 While many of the companies are still coping up with the effects of COVID19, Leisure & Resorts World Corporation (LRWC), reported its positive EBITDA for 2Q 2022, which was a total flip from the same period last year. Due to
Following are the highlights of the financial results of operations of DDMP REIT, INC. (DDMPR) for the six months ending June 30, 2022: The Company reports ₱1.057 Billion Net Income for the first six months ending June 30, 2022. DDMPR’s Core Net Income for 1H 2022 is 17.0% higher than the core net income booked
1H 2022 FINANCIAL HIGHLIGHTS Consolidated Revenues +26.8% to ₱3.41 Billion Consolidated EBITDA +32.0% to ₱2.07 Billion Consolidated Core Net Income +29.0% to ₱1.20 Billion Total Equity +3.1% to ₱71.44 Billion Total Assets +3.6% to ₱146.70 Billion Expects to reach over 95% pre-pandemic lease occupancy in all its CityMalls in Luzon, Visayas and Mindanao by Q4
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,
AREIT, Inc. posted strong results in the first half of 2022 on account of stable operations and the contribution of assets acquired in 2021. Net income (excluding fair value change in investment properties and the one-time gain on finance lease) registered at P1.61 billion, 64% higher year-on-year, driven by revenues, which increased by 67% to P2.36
Global Ferronickel Holdings, Inc. (FNI) recorded a consolidated net income of ₱417.4 million for the period ended June 30, 2022. The results are driven by the April to June mining operations of Platinum Group Metals Corporation (PGMC) in Surigao del Norte, with incremental contributions from PGMC International Limited (PIL), a wholly-owned subsidiary established to facilitate
The all-Filipino gold producer writes a strong “finis” to the second quarter and makes big strides in the social sphere of its ESG initiatives. Apex Mining’s total revenue for the second quarter of 2022 reached PHP2.537 billion, 65% higher year over year (YoY). This pegs the resulting consolidated net income after tax of the company
Security Bank Corporation (PSE: SECB) posted a 100% year-on-year increase in net income to PHP6.2 billion in H1-2022, driven by growth in core businesses, lower credit provisions and normalized income tax provisions. Net interest income increased 6% to PHP14.4 billion. Total non-interest income was at PHP4.8 billion. Service charges, fees and commissions grew 22% to
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
