Earnings News

Megaworld Revenue Climbed 11% in 1Q2017

MANILA, Philippines – Megaworld Corporation’s net revenue rose 11 percent which is 2.9 billion pesos in the 1st three months of 2017. According to the officials, the reason behind the increase is because of the robust rental yields and continuous residential profits The overall...

Ayala Corp Net Income Grew 20 Percent

MANILA, Philippines – The oldest group of companies in the Philippines, Ayala Corporation, reported a 20 percent incline or 6.9 billion pesos in the first three months due to the robust real estate and banking business. The revenue in the past first quarter is 9 percent higher...

Cemex Income Drops 24% in 1Q2017

MANILA, Philippines – A 4% decline or 350 million pesos for the first quarter’s net income was reported by Cemex Holding Philippine Inc., a subsidiary of the Mexican cement giant. The company said that this is due to the drop in the cement volumes caused by the weather...

Last Year’s Income Hiked 7% for Calata Corporation

MANILA, Philippines – Calata Corporation, a major manufacturer of agricultural products disclosed a 7% net income hike last year which is 165.45 million pesos. This is higher than the previous year. Calata told reporters in the regulatory filing that the revenues dropped 4% or...

CAT’s 2Q FY2016-2017 Net Loss at P76.6 Million

MANILA, Philippines – Central Azucarera de Tarlac, Inc. (PSE:CAT) disclosed its 2016 financial statements. The company’s fiscal year ends on June 30. It reported 2Q fiscal year 2016-2017 net loss of P76.6 million, an improvement of 23 percent. This is compared to a negative...

STI Marks an 18 Percent Rise in 9M Income

MANILA, Philippines – STI Education Systems Holdings, Inc. (PSE:STI) released its financial statements on Tuesday, February 14, 2017. Consolidated net income earned for the 9-month period stood at P624.3 million as against the net income of P527.8 million from the same...

12.3 Percent Increase in Net Loss for NXGEN in 2016

MANILA, Philippines – NextGenesis Corporation (PSE:NXGEN) reported a P1.098 million net loss last year based on their latest financial report. This amount is higher by P0.274M compared to P0.824 million net loss for the same period during the previous year. No revenues was...

Global Expansion Aids in 25% Increase in Annual Net Income of JFC

MANILA, Philippines – Jollibee Foods Corp. (PSE:JFC) bagged 25 percent increase in net income for 2016. This comes as the company aggressively expands within and outside the country. The opening of a record number of stores by the company is expected to continue as they...

Island Info & Tech: Annual Financial Results

MANILA, Philippines – Island Information and Technology, Inc. (PSE:IS) released its annual financial report for the fiscal year ending October 31, 2016. The disclosure shows the company had a net loss of P833,782. This amount is equal to a P526,517 decrease in net loss of...

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