Philippine conglomerate
ARTICLE FINDER

Despite higher profit, PLDT chief unsatisfied: 'We can do better'

May 10, 2018 - 5:11 PM

The listed telecommunications giant will not stop until it becomes the most profitable listed firm in the Philippines again, says PLDT chairman and CEO Manuel Pangilinan

BETTER PERFORMANCE. PLDT chief Manuel Pangilinan says the telco strives to become the most profitable listed firm again. Photo by Martin San Diego/Rappler

PLDT unit seals partial sale of Rocket Internet stake

May 07, 2018 - 7:25 PM

As a result of the sale, the Manuel Pangilinan-led telco's equity ownership in Rocket Internet is reduced from 6.1% to 2%

SM Group to expand, but not keen on telco

Apr 25, 2018 - 6:05 PM

SM Investments Corporation does not plan to go into the telecommunications industry, citing its lack of know-how and the high capital budget requirement

EXPANDING FOOTPRINT. SM president and chief executive officer Frederic DyBuncio says SM group is looking to invest in 'partners' in high-growth sectors. Photo by Rob Reyes/Rappler

PLDT subsidiary selling bulk of Rocket Internet shares

Apr 16, 2018 - 6:55 PM

PLDT Online Investments Private Limited will sell the shares at €24 (P1,545.28) each, or a total of about €163.2 million (P10.51 billion)

Petron is main income driver of San Miguel in 2017

Mar 15, 2018 - 8:30 PM

Petron ends 2017 with a 30% higher net income at P14.1 billion on strong sales volumes from the Philippines and Malaysia

HIGHER INCOME. The country's most diversified conglomerate, led by tycoon Ramon Ang, ends 2017 with higher recurring net income mainly on strong performance of Petron. Photo by Agence France-Presse

Appetite for chicken, fresh meat boosts San Miguel Pure Foods' income

Mar 14, 2018 - 5:00 PM

But its milling business remains affected by the continued deceleration of global wheat prices

INCOME UP. Filipinos love for chicken and fresh meat helps to boost San Miguel Pure Foods profits. Photo by Agence France-Presse

ABS-CBN net income down 20% to P2.26 billion in 1st 9 months

Nov 10, 2017 - 6:55 PM

But the media conglomerate's net income for the 3rd quarter of the year stands at P1.01 billion, up 38% from the same quarter last year

SM Investments' income up on strong core businesses

Nov 08, 2017 - 7:25 PM

The listed conglomerate of the Philippines' richest man, Henry Sy Sr, benefits from growth in its property and retail units

VIBRANT GROWTH. 'Our solid 3rd quarter results benefitted from vibrant growth in our property and retail businesses,' SM president Frederic DyBuncio says. Photo by Rob Reyes/Rappler

SM Prime income surges 16% on steady mall rental, residential sales

Nov 06, 2017 - 9:35 PM

SM Prime attributes revenue growth to higher rental revenues, steady improvement in same-mall-sales, and higher contribution from residential sales

65TH. SM Center Tuguegarao Downtown is the Sy family's 65th mall in the Philippines. Photo by Raymon Dullana/Rappler

SM Prime to open mall in Puerto Princesa, Palawan

Sep 13, 2017 - 4:50 PM

Once the mall opens on Friday September 15 it will be competing with Robinsons Place Palawan Chinatown Center Palawan NCCC Mall and LRC 908 Market Mall

ITS FIRST. SM City Puerto Princesa will have 3 levels of retail and dining floors, a supermarket, 3 158-seater SM digital cinemas, and two 48-seater Director's Club cinemas. File photo Rappler

Forex, telco assets drag San Miguel net income in 1st half of 2017

Aug 10, 2017 - 10:20 PM

The diversified conglomerate feels the impact of the Philippine peso depreciation and the absence of the one time gain from its telco assets sale

SM Investments earns over P16 billion in just 6 months

Aug 09, 2017 - 4:55 PM

Even without the benefits of an election year the Philippines biggest conglomerate sustains growth across its core businesses

Mall operations continue to drive SM Prime's net income

Aug 07, 2017 - 5:45 PM

The additional 1 1 million square meters of retail space from new malls as well as expansions between 2015 and 2017 drive growth in SM Prime s mall rentals

Meet Ramon Ang, Filipino billionaire and Duterte's friend

Jul 23, 2017 - 9:58 PM

As Ramon Ang aggressively expands his businesses he stays on the good side of President Rodrigo Duterte through his philanthropy and campaign donations

FRIEND. President Rodrigo Duterte (left) sees Ramon Ang (right), chief of San Miguel Corporation, as his fast friend

San Miguel grows net income by 80% despite depreciating peso

Mar 16, 2017 - 5:30 PM

2016 was a good year for San Miguel due to election related spending good weather conditions stable interest rate and low inflation rate

BUILDING MOMENTUM. 'We’re very encouraged by the company’s strong performance in 2016 and we are determined to build on this momentum by investing in our brands,' SMC chief Ramon Ang says. Photo by Martin San Diego/Rappler

Metro Pacific raises income target to P11.7B in 2016

Nov 08, 2016 - 8:10 PM

But while its income goes up the conglomerate s revenue loss from delayed tariff rate adjustments also increases

LONG OVERDUE. Metro Pacific President Jose Ma. Lim says his firm is in discussions with the new administration on resolving some of its overdue tariff increases are ongoing. Photo by Chrisee Dela Paz/Rappler

San Miguel, Ayala report healthy net income in Q1

May 12, 2016 - 6:25 PM

Core businesses of both conglomerates see their profits climb during the first quarter of 2016

HEALTHY PACE. Ayala and San Miguel expect most of their businesses to continue growing at a healthy pace

Why same firms are vying for PH infra projects

Oct 01, 2014 - 8:15 AM

It s a testament to how much these Philippine firms have grown and matured They re now looking for yield and more portfolio expansion opportunities

Aboitiz group buys stake in Batangas industrial park

Oct 04, 2013 - 1:01 PM

AboitizLand plans to acquire a majority stake in Lima Land the operator of a 468 hectare industrial park in Batangas

Why investor perception counts in San Miguel

Jul 22, 2013 - 8:00 AM

San Miguel s major concern should be its long term chart which not only shapes investor perceptions but can set up triggers for irrational crowd behavior when you least want it