With stadiums, theaters closed, Coke 2Q revenue plunges 28%
In this July 20, 2019, photo a Coca-Cola billboard is shown over the left-field at SunTrust Park during a baseball game between the Washington Nationals and Atlanta Braves in Atlanta.…
Huawei posts 13.1% revenue growth amid pandemic, sanctions
FILE – In this Oct. 31, 2019, file photo, a man uses his smartphone as he stands near a billboard for Chinese technology firm Huawei at the PT Expo in…
NGCP defers implementation of allowable revenue hike
The Energy Regulatory Commission (ERC) said National Grid Corp. of the Philippines (NGCP) had unilaterally deferred the implementation of an interim scheme that would raise its maximum allowable revenue (MAR)…
Temporary tax measure on oil imports yields P1.49B in revenue
The additional 10-percent import duties temporarily slapped on certain oil products amid the COVID-19 crisis so far raised P1.49 billion in additional revenue for the government. Data provided by Finance…
SMDC posts 23% revenue growth in Q1
SM Development Corporation (SMDC), the residential arm of SM Prime Holdings, Inc., recorded a 23% increase in revenue in the first quarter of 2020 to PhP11.4 billion from PhP9.3 billion…
Twitter stock slips amid pandemic-caused revenue uncertainty
A screen shows the price of Twitter stock at the New York Stock Exchange. Image: AP/Mark Lennihan OAKLAND, California—Twitter’s stock tumbled Thursday after the company failed to show that it’s…