BDO’s H1 profit down 78.9%
INQUIRER.net photo The country’s largest lender, BDO Unibank, saw a 78.6 percent year-on-year drop in first semester net profit as the bank jacked up loan loss provisions to brace for…
BPI’s Q2 profit down 25% on higher loan loss buffer
BPI logo Ayala-led Bank of the Philippine Islands (BPI) booked P11.68 billion in first semester net profit, down by 15 percent year-on-year as the bank set aside a much larger…
Samsung projects 23% jump in 2Q profit on strong chip sales
SEOUL, South Korea — Samsung Electronics Co. said Tuesday its operating profit for the last quarter likely rose 23% from the same period last year, helped by robust demand for…
Squeezing profit out of fruit juice
From its product, process, purpose and branding, local juice manufacturer Natureal is as authentic a business as they come—which came to be because of a couple of “avid fans” of…
SSI’s Q1 profit down 36%
Anton Huang Specialty retailer SSI Group Inc. saw a 36 percent year-on-year drop in first quarter net profit amounting to P110 million due to disruptions arising from the lockdown of…
MerryMart’s Q1 profit up 50.5%
Edgar Sia II Newly-listed grocery chain operator MerryMart Consumer Corp. grew its net profit in the first quarter by 50.5 percent year-on-year to P8.35 million with the rollout of new…
Fruitas’ Q1 profit up 41%
Leading local multi-brand kiosk operator Fruitas Holdings Inc. (FHI) grew its first quarter net profit by 41 percent year-on-year to P14.6 million on the back of higher margins from price…
Megaworld’s Q1 profit down 9%
Tycoon Andrew Tan-led Megaworld Corp. posted a 9 percent year-on-year decline in attributable net profit to P3.5 billion in the first quarter amid challenges arising from the eruption of Taal…
Emperador’s Q1 profit down 16%
AGI president Kingson Sian and Emperador president Winston Co Tycoon Andrew Tan-led liquor-maker Emperador Inc. saw a 16 percent year-on-year drop in first quarter net profit to P1.5 billion as…
AllHome’s Q1 profit up 30%
Villar-led one-stop-shop home store AllHome Corp. grew its first quarter net profit by 30 percent year-on-year to P270.2 million, driven by sales from new stores that opened late last year,…