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BPI nets P4.9b in 1Q15 ~ Philippine Business Industry News Blog
http://www.biznewsph.com/2015/05/bpi-nets-p49b-in-1q15.html
Philippine Business Industry News Blog. Latest News and Updates in Philippine Business Industry. May 17, 2015. BPI nets P4.9b in 1Q15. In a disclosure to the Exchange, Bank of the Philippine Islands (BPI) said that it netted P4.9b in 1Q15, 36% YoY. This equates to annualized RoE of 13.8% and RoA of 1.5%. Our take: BPI’s 1Q15 results are in-line with our expectations and consensus estimates, accounting for 24% of 2015E estimates. In its press release, the bank mentioned that it saw a slight impr...This me...
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Michael McDonough: Philippines Consumption Reliance May Restrain Growth ~ Philippine Business Industry News Blog
http://www.biznewsph.com/2013/02/michael-mcdonough-philippines.html
Philippine Business Industry News Blog. Latest News and Updates in Philippine Business Industry. February 06, 2013. Michael McDonough: Philippines Consumption Reliance May Restrain Growth. Bloomberg Economist Michael Mcdonough. Made a recent commentary Philippines consumption reliance. Here is his commentary:. The Philippines' reliance on consumption to drive its economy, coupled with a lack of foreign direct investment. Michael McDonough is an economist for Bloomberg based. GL Manila Accounting Services.
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ALI reconsiders P6-B Bacolod project ~ Philippine Business Industry News Blog
http://www.biznewsph.com/2013/07/ali-reconsiders-p6-b-bacolod-project.html
Philippine Business Industry News Blog. Latest News and Updates in Philippine Business Industry. July 08, 2013. ALI reconsiders P6-B Bacolod project. After saying last year that it wants to “disengage” from the project, property giant Ayala Land Inc. said it is still interested to proceed with its P6-B Capitol Civic Center on the 7.7-hectare prime property of the Negros Occidental provincial government located in Bacolod. Subscribe to our newsletter to get the latest updates to your inbox. ;-).
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BEL subscribes to 24.7b SINO shares at P0.369/sh ~ Philippine Business Industry News Blog
http://www.biznewsph.com/2014/06/bel-subscribes-to-247b-sino-shares-at.html
Philippine Business Industry News Blog. Latest News and Updates in Philippine Business Industry. June 13, 2014. BEL subscribes to 24.7b SINO shares at P0.369/sh. In a disclosure to the Exchange, Belle Corp (BEL) today followed through with the subscription of 24.7b common shares of SinophilInc (SINO) at P0.369/sh for a total subscription price of P9.11b. This will bring BEL and its affiliates’ ownership in SINO to 89.52% from 56.85% previously. GL Manila Accounting Services. Managed By Maxweb Inc.
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MCP reports net loss of P3.09b in 1Q15 ~ Philippine Business Industry News Blog
http://www.biznewsph.com/2015/05/mcp-reports-net-loss-of-p309b-in-1q15.html
Philippine Business Industry News Blog. Latest News and Updates in Philippine Business Industry. May 11, 2015. MCP reports net loss of P3.09b in 1Q15. Rolling chip win rate (calculated before discounts and commissions) was negative 0.8%. Mass market table games drop was P4.5b with a hold rate of 25%. The company also registered some P223m in room, food and beverage, and other revenues. Subscribe to our newsletter to get the latest updates to your inbox. ;-). GL Manila Accounting Services.
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Cebu Air, Inc (CEB) posts 1Q15 net income of P2.24b, +1256%YoY ~ Philippine Business Industry News Blog
http://www.biznewsph.com/2015/05/cebu-air-inc.html
Philippine Business Industry News Blog. Latest News and Updates in Philippine Business Industry. May 18, 2015. Cebu Air, Inc (CEB) posts 1Q15 net income of P2.24b, 1256%YoY. Subscribe to our newsletter to get the latest updates to your inbox. ;-). GL Manila Accounting Services. ALI reconsiders P6-B Bacolod project. BEL subscribes to 24.7b SINO shares at P0.369/sh. Michael McDonough: Philippines Consumption Reliance May Restrain Growth. Managed By Maxweb Inc. Customized by ALT Communications.
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Robinsons Land Corp (RLC) reports 25% earnings growth in 1HFY15 ~ Philippine Business Industry News Blog
http://www.biznewsph.com/2015/05/robinsons-land-corp-rlc-reports-25.html
Philippine Business Industry News Blog. Latest News and Updates in Philippine Business Industry. May 18, 2015. Robinsons Land Corp (RLC) reports 25% earnings growth in 1HFY15. Our take: Notwithstanding the strong earnings growth, RLC's 1HFY15 came just within expectations and came off a low base. Nonetheless, the results accounted for 45% of full-. Subscribe to our newsletter to get the latest updates to your inbox. ;-). GL Manila Accounting Services. ALI reconsiders P6-B Bacolod project.
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Robinsons Retail Holdings Inc (RRHI) grows 1Q15 net income by 39%YoY ~ Philippine Business Industry News Blog
http://www.biznewsph.com/2015/05/robinsons-retail-holdings-business-news.html
Philippine Business Industry News Blog. Latest News and Updates in Philippine Business Industry. May 20, 2015. Robinsons Retail Holdings Inc (RRHI) grows 1Q15 net income by 39%YoY. Its supermarket business which accounts for roughly half of total sales posted solid results with EBITDA growing 14.4% to P559m on the back of an 11% rise in net sales to P9.7b. The latter was primarily due to new store additions ( 7.9%) and strong SSSG of 3.4% given the higher basket size of shoppers. Its drugstore segment re...
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Puregold's 1Q15 net income up 11.7%YoY ~ Philippine Business Industry News Blog
http://www.biznewsph.com/2015/05/puregolds-1q15-net-income-up-117yoy.html
Philippine Business Industry News Blog. Latest News and Updates in Philippine Business Industry. May 17, 2015. Puregold's 1Q15 net income up 11.7%YoY. While PGOLD reported better results, we believe the supermarket business will continue to be under pressure due to fierce competition. Moreover, the build up of its Lawson store chain will likely cause a drag on earnings for a couple years as it scales up and given the intense competitive environment in the convenience store space. – WealthSec.
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Globe Telecom posts 25% hike in 1Q15 core net income ~ Philippine Business Industry News Blog
http://www.biznewsph.com/2015/05/globe-telecom-posts-25-hike-in-1q15.html
Philippine Business Industry News Blog. Latest News and Updates in Philippine Business Industry. May 17, 2015. Globe Telecom posts 25% hike in 1Q15 core net income. Globe Telecom (GLO) yesterday announced 1Q15 net income of P4.2b, up 43% YoY. However, if we take out the impact of additional depreciation pertaining to network modernization last year, core net income would have been at P4.18b which still reflects a strong 25% YoY growth. Our take: Globe continues to sustain a strong growth momentum with th...