EastWest Bank’s Q1 profit up 75%, loan provisioning jacked up
East West Bank vice chair and CEO Antonio Moncupa Gotianun family-led East West Bank grew its net profit in the first quarter by 75 percent year-on-year to P2.3 billion even…
GT Capital’s Q1 profit down 26% to P2.54B
Ty family-led conglomerate GT Capital Holdings saw a 26 percent year-on-year drop in first quarter net profit to P2.54 billion due to slower earnings from its automotive, banking, infrastructure and…
Ayalaland Logistics’ Q1 profit up 1.2%
Ayalaland Logistics president Rowena Tomeldan Leading industrial estate developer Ayalaland Logistics Holdings Corp. (ALLHC) defied the downturn in the overall property market in the first quarter on the back of…
Tepid sales notwithstanding, pricey cigarettes spur LT Group profit
Tycoon Lucio Tan-led LT Group Inc. (LTG) grew its net profit in the first quarter by 41 percent year-on-year to P6.21 billion, driven mostly by price increases in the tobacco…
SM Prime’s Q1 profit down 5% on COVID19 disruption
SM Prime prexy Jeffrey Lim and chair Henry Sy Jr. Property giant SM Prime Holdings posted P8.3 billion in first quarter net profit, down by 5 percent year-on-year, as coronavirus-related…
LTG’s Q1 profit up 41%, led by tobacco business
LUCIO Tan Tycoon Lucio Tan-led LT Group Inc. grew net profit in the first quarter by 41 percent year-on-year to P6.21 billion, driven mostly by tobacco price increases. Earnings from…
Eagle Cement’s Q1 profit down 25%
Eagle Cement’s factory in Bulacan Ang family-led cement manufacturer Eagle Cement Corp. saw a 25 percent year-on-year drop in first quarter net profit to P1.2 billion as construction activities were…
JG Summit’s Q1 core profit down 19%
Cebu Pacific Gokongwei-led conglomerate JG Summit Holdings saw a 19-percent year-on-year decline in core net profit to P4.3 billion in the first quarter as coronavirus (COVID-19) pandemic caused financial hemorrhage…
RFM’s Q1 profit down 4%
Jose Ma. Concepcion IIIINQUIRER PHOTO / RICHARD A. REYES Concepcion group-led RFM Corp. saw a 4 percent year-on-year decline in net profit amounting to P212 million in the first quarter…
Ayala Corp.’s Q1 profit down 17%
Ayala Corp. chair and CEO Jaime Augusto Zobel de Ayala. INQUIRER file photo Conglomerate Ayala Corp. saw a 17 percent year-on-year drop in first quarter net profit to P6.7 billion…