Balai ni Fruitas income soars in 2023
Balai ni Fruitas Inc., a unit of Fruitas Holdings Inc., said its income last year surged by 58 percent to P59 million from the previous year’s P37 million, despite the increase in consumer prices.
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Balai ni Fruitas Inc., a unit of Fruitas Holdings Inc., said its income last year surged by 58 percent to P59 million from the previous year’s P37 million, despite the increase in consumer prices.
Ayala-led Integrated Micro-Electronics Inc. (IMI) on Thursday said its subsidiary, VIA Optronics AG, a supplier of interactive display solutions, has signified its intention to voluntarily delist its American Depository Shares (ADS) from the New York Stock Exchange (NYSE).
Filinvest Development Corp. (FDC), the holding company of the Gotianun Group, said it expects its earnings to return to prepandemic levels this year.
The Securities and Exchange Commission (SEC) has flagged the activities of overseas-based brokerage firm eToro which entices investors to place their bets on overseas-listed securities.
Jollibee Foods Corp. said it sees Mexican dish as an “additional passport” to the United States food market, aside from the traditional burgers.
DigiPlus Interactive Corp. is targeting to boost both its onsite and online presence, as it will put up more for games like bingo while increasing its online presence by bringing in new games.
Century Pacific Food Inc. (CNPF) on Monday said its net income last year grew 12 percent to P5.6 billion, from the previous year’s P4.99 billion, mainly due to the increase in the sales of its branded segment.
DoubleDragon Corp. on Monday said it is combining its Singapore-headquartered unit Hotel101 Global Pte. Ltd. and JVSPAC Acquisition Corp., with Hotel 101 as the surviving entity.
Jollibee Foods Corp. said it is keen on increasing its investments in restaurants serving Chinese cuisine after its wholly owned unit committed some S$90 million (some P3.77 billion) in Titan Dining II, a fund managed in Singapore.
Rockwell Land Corp., the upscale property developer led by the Lopez Group, said it obtained a P5-billion 10-year term loan facility from BDO Unibank Inc.
Ayala-led Integrated Micro-Electronics Inc. (IMI) said its net loss widened to $109.19 million last year from $6.75 million in the previous year.
Gotianun-led Filinvest Development Corp. (FDC) on Wednesday said its attributable income jumped by 58 percent to P8.9 billion last year from the previous year’s P5.7 billion as all its business segments posted double-digit growth.
The Philippine Stock Exchange Inc. has added new features on its PSE Electronic Allocation System (PSE EASy) website, a platform that enables local small investors (LSIs) to participate in initial public offerings (IPO) and follow-on offerings.
Listed DigiPlus Interactive Corp. has earmarked some P2 billion for its capital expenditures this year, some 20 to 30 percent higher than the previous year, company president Andy Tsui Kin Ming said.
San Miguel Foods Inc. and the Department of Science and Technology’s Food and Nutrition Research Institute (DOST-FNRI) have signed an agreement to standardize the nutribun formulation used in government feeding programs for underprivileged children.
Citicore Energy REIT Corp. (CREIT) on Monday said its income last year rose 12 percent to P1.39 billion from the previous year’s P1.25 billion on higher rental earnings of its properties.
Filinvest Cyberparks Inc. (FCI), the office business arm of Filinvest Land Inc., has signed a lease agreement with the Department of Trade and Industry (DTI).
Legacy carrier Philippine Airlines Inc. (PAL) said its profits nearly doubled last year due to increased operational activity and a resurgence in passenger traffic, both domestically and internationally.
The Securities and Exchange Commission will start imposing on April 1 higher fines and penalties for the late and non-filing of reportorial requirements by corporations.
Regulators are looking at creating guidelines for cryptocurrencies, Finance Secretary Ralph G. Recto said.
Chemical manufacturer D&L Industries Inc. said it secured LEEDv4 gold certification from Barone International for the six-storey Central Hub of its newly operational plant in Batangas.
THE Filinvest Innovation Park in Filinvest New Clark City in Tarlac has turned over a ready-built factory to StB GIGA, the newly established Philippine entity of StBattalion Pte. Ltd.
Former Bangko Sentral ng Pilipinas deputy governor Diwa C. Guinigundo has been selected by MacroAsia Corp. to become its independent director for the year.
JG Summit Holdings Inc., the holding firm of the Gokongwei Group, saw its attributable net income surge 31 times to P20.2 billion last year from the previous year’s P650.62 million due to the turnaround of its airline business.
THE Municipal Circuit Trial Court of Alfonso-General Aguinaldo, Cavite, has convicted Angelina Vidallon Romasanta for violating the Revised Penal Code in relation to a fictitious loan with the closed Community Bank (Rural Bank of Alfonso Inc.).
Upson International Corp. on Monday said it posted a profit of P464.2 million in 2023, lower by 13 percent from the previous year’s P537.89 million.
THE Securities and Exchange Commission (SEC) has asked the regulator of telecommunication services in the country to block the online presence of Binance Holdings Ltd. in the Philippines.
GT Capital Holdings Inc. said its core income rose 82 percent last year to a record P28.8 billion from P15.9 billion in the previous year, mainly on the good performance of its banking, automotive and property development.
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