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
Lower losses, operational improvements sustained Passenger segment revenues up 6x year-on-year – The Chelsea Group reported further improvements in its topline with 2Q2022 revenues up 65% year-on-year to P1.613 Billion, which is an acceleration from the 13% year-on-year increase in the previous quarter. As a result, its 1H2022 revenues grew 37% year-on-year to P2.914 Billion,
AllHome posts Php 6.3 billion in revenues for 1H 2022; EBITDA up 8.8% vs 1H 2021 AllHome, the country’s pioneering one-stop full line home center, reported Php 6.265 billion in revenue for the first half 2022. The chain also noted improvements in its gross profit margins, with 1H 2022 performance indicating 35.9% of revenue versus
SSI Group 2nd quarter 2022 sales, gross profit margins and net income exceed preCOVID levels, with 1st half 2022 net income at P491m +383% y-o-y and +42% vs. net income during the 1st half of 2019. The Group generated sales of P5.6B during the 2nd quarter, an increase of 91% y-o-y, and an increase of
Philippine Business Bank’s net income grew 18.4% to ₱620.3 million Core income at ₱1,383.8 million Profitability continues to improve following 2021 performance: Net interest income ended at ₱2,496.2 million in the first half of 2022 Core income1 reached ₱1,383.8 million Pre-tax pre-provision profit2 rose to ₱1,179.2 million in the first six months of 2022 from
Philippine Seven Corporation (PSE:SEVN) – Unaudited results for the second quarter and six months ended June 30, 2022 Strong same-store sales growth lifted earnings above pre-pandemic level PSC registered a significant 39.2 percent growth in same store sales during the second quarter, driven by the improvement in mobility. This allowed the Company to build on
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,
Metro Retail Stores Group, Inc. (MRSGI) sustains its strong 2022 performance amid supply chain disruptions and elevated commodity prices induced by the ongoing threats of the Russia-Ukraine conflict and COVID-19 pandemic. MRSGI capped its second quarter of 2022 with a net income of PhP185.6 million, which is reflective of the significant upward trend in the
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
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.
