earnings - updates

Rappler's latest stories on earnings


Lucio Tan's LT Group nets P14.7 billion in January-September 2019

Nov 14, 2019 - 8:55 PM

The LT Group's banking and tobacco businesses boost its earnings for the 1st 9 months of 2019, while figures of its alcohol and beverages drop

JG Summit's 9-month earnings for 2019 surpass full-year 2018 figures

Nov 14, 2019 - 8:15 PM

The Gokongwei empire reports a net income of P22.5 billion from January to September 2019. This is 16% higher than the P19.2 billion it earned in 2018.

Globe 9-month net income in 2019 soars by 20% to P17.7 billion

Nov 07, 2019 - 9:00 PM

Data usage continues to send Globe's earnings soaring

GROWTH IN MOBILE. Globe Telecom's net income gets boosted further by mobile data services in 2018. File photo

PLDT 9-month earnings in 2019 down by 2%

Nov 07, 2019 - 8:10 PM

While PLDT's bottom line incurs a slight slowdown, it registers its highest 9-month revenue level this year

UnionBank soars, AboitizPower struggles in first 9 months of 2019

Nov 07, 2019 - 3:25 PM

Earnings of Aboitiz Equity Ventures decline by 9% to P15.7 billion from January to September 2019

Petron 9-month earnings in 2019 drop by 70%

Nov 05, 2019 - 6:20 PM

Volatile market conditions hit Petron hard in the 1st 9 months of the year, as its net income drops to P3.6 billion

SM Prime's expansion pays off as earnings soar in January-September 2019

Nov 04, 2019 - 8:35 PM

Property sales in Pampanga, Rizal, and Cavite, among others, boost SM Prime's earnings

Nintendo first-half sales leap on strong demand for Switch games

Oct 31, 2019 - 4:09 PM

The sales gain is partially due to the launch of Nintendo Switch Lite, a scaled back, cheaper version of the popular console, in September

NINTENDO. Photo by Kazuhiro Nogi/AFP

Samsung Electronics Q3 2019 net profit slumps 52%

Oct 31, 2019 - 10:55 AM

The company continues to be battered by falling memory chip prices as global supply increases

Apple beats profit forecasts amid growth in services, wearables

Oct 31, 2019 - 10:46 AM

Growth in digital services and wearables help offset slower iPhone sales

Screenshot from Apple

Facebook profit climbs along with user base

Oct 31, 2019 - 10:31 AM

Profits top $6 billion on revenue that climbed 28% to $17.4 billion in the quarter that ended on September 30

FACEBOOK. A picture taken on August 28, 2019 shows the logo of US online social media and social networking service, Facebook. Photo by Denis Charlet/AFP

Meralco benefits from low inflation as 2019 9-month earnings rise 11%

Oct 29, 2019 - 11:13 AM

Meralco rakes in P18.5 billion from January to September, on the back of benign inflation and increased liquidity in the financial system

Cloud computing gains drive up profit for Microsoft

Oct 24, 2019 - 7:37 PM

Revenue from cloud services sold to businesses is up more than a third in the quarter to $11.6 billion, according to chief financial officer Amy Hood

MICROSOFT. Photo by Jason Redmond/AFP

Netflix revs up growth as streaming TV war looms

Oct 17, 2019 - 3:11 PM

Netflix shows growth despite analyst warnings that new competitors such as Apple and Disney will slow things down for the streaming leader

NETFLIX. This file photo taken on April 19, 2018 shows the logo of the Netflix entertainment company, displayed on a tablet screen in Paris. Photo by Lionel Bonaventure/AFP

BPI 9-month net income jumps 29.5% to P22 billion

Oct 16, 2019 - 8:05 PM

BPI's net income from January to September is just P1 billion less than the P23.1 billion it earned during the entire 2018

Samsung Electronics flags 56% fall in Q3 operating profit

Oct 08, 2019 - 12:05 PM

This marks the 4th consecutive quarter in which the company has recorded a profit drop in the face of falling semiconductor prices and weakened demand for its mobile devices

SAMSUNG. This file photo taken on October 11, 2016 shows the Samsung store in Paris. Photo by Bertrand Guay/AFP

'Perfect storm' over? JG Summit income up 79% in H1 2019

Aug 14, 2019 - 9:15 PM

JG Summit nets P17.6 billion in the 1st half of 2019, as inflation eases and consumer spending improves

Dennis Uy's Chelsea Logistics nets P308 million in H1 2019

Aug 14, 2019 - 7:45 PM

Chelsea reports a 14.7% drop in its net income, but its revenues from its shipping business grow an impressive 26%

Supply shortage sinks Manila Water's net income by 18% in H1 2019

Aug 13, 2019 - 5:55 PM

Manila Water posts lower earnings in Metro Manila, but registers higher profits outside the concession area

Saudi Aramco net income slips to $46.9 billion in H1 2019

Aug 12, 2019 - 7:10 PM

(UPDATED) The secretive Saudi Aramco discloses half-year financial results for the first time

OIL PRODUCTION. A picture taken on May 10, 2016 shows Shaybah, the base for Saudi Aramco's Natural Gas Liquids plant and oil production in Saudi Arabia. File photo by Ian Timberlake/AFP

Megaworld net income up 16% to P8.3 billion in H1 2019

Aug 08, 2019 - 8:25 PM

Megaworld chief strategy officer Kevin Tan sees more gains, as developments in the economy create a sweet spot for properties

PLDT net income inches up 4% to P12.2 billion in H1 2019

Aug 08, 2019 - 7:05 PM

Fewer Filipinos are calling and texting, while data usage continues to drive most of PLDT's revenues

Filipinos drink more beer, but SMFB income still down 5% in H1 2019

Aug 07, 2019 - 8:50 PM

San Miguel Food and Beverage reports strong beer sales, but pricing pressures from its food group weighed down on margins

Photo from Shutterstock

SM net income up by 27% to P23 billion in H1 2019

Aug 07, 2019 - 8:20 PM

As of end-June 2019, SM's total assets are at P1.1 trillion, a 5% growth

Petron says TRAIN law encouraged illegal business activities

Aug 07, 2019 - 2:20 PM

Petron says higher taxes not only led to a 72% drop in its net income for the 1st half of 2019, it also encouraged illegal practices in the oil industry

Smashburger, Red Ribbon hurt Jollibee's profits in H1 2019

Aug 05, 2019 - 5:25 PM

Jollibee's net income for the 1st half of 2019 drops by 34.4% to P2.7 billion, mainly due to Smashburger's losses and lower sales from Red Ribbon

Mobile games, videos push Globe's profits in H1 2019

Aug 05, 2019 - 3:55 PM

Globe subscribers' data usage continues to rise, while texts and calls drop by double digits

Geopolitics sinks Ayala's Integrated Micro-Electronics by 82% in H1 2019

Aug 01, 2019 - 6:05 PM

Integrated Micro-Electronics earns just $5.8 million in the 1st half of 2019 versus $31.6 million recorded a year ago

Universal Robina nets P5.4 billion, up 9% in H1 2019

Aug 01, 2019 - 5:15 PM

Universal Robina Corporation posts strong earnings in the 1st half of 2019 as Filipinos drink more of its coffee and munch on its snacks

Metro Pacific net income down by 9% in H1 2019

Aug 01, 2019 - 4:55 PM

Metro Pacific Investments Corporation reports lower earnings in the 1st half of 2019, but highlights the growth in core income and investments

BPI net income soars by 24.6% to P13.7 billion in H1 2019

Aug 01, 2019 - 1:41 PM

The Bank of the Philippine Islands boasts impressive earnings as corporate, consumer, and credit card loans jump by double digits in the 1st half of 2019

Airbus profits soar in H1 2019 as rival Boeing stumbles

Jul 31, 2019 - 11:45 PM

Airbus' revenues are up by 24% in the 1st half of 2019, with airlines placing more orders for fuel-efficient planes

Air France-KLM profits climb in 'challenging' market

Jul 31, 2019 - 8:40 PM

(UPDATED) Air France-KLM's operating profits reach 400 million euros ($446 million) in the 2nd quarter of 2019, up 15.6% from the same period last year

STRIKE. File photo of Air France plane is parked at Roissy-Charles-de-Gaulle airport, north of Paris. Photo by Bertrand Guay/AFP

Aboitiz takes a beating in H1 2019

Jul 31, 2019 - 6:10 PM

Conglomerate Aboitiz Equity Ventures reports profits of P9 billion in the 1st half of 2019, 11% lower than the P10.1 billion in the same period in 2018

Century Tuna maker posts 9% increase in net income for H1 2019

Jul 31, 2019 - 5:40 PM

Despite only hitting 9% net income growth in the 1st half of 2019, Century Pacific is still gunning for double-digit growth for the year

DM Wenceslao net income up by 17% in H1 2019

Jul 31, 2019 - 4:50 PM

While bulk of its revenues came from recurring income, DM Wenceslao says it also saw a record 2nd quarter for its residential business due to project completion and pre-selling activities

Delayed national budget sinks Holcim's earnings in H1 2019

Jul 31, 2019 - 3:00 PM

Cement maker Holcim Philippines blames the delayed passage of the 2019 national budget for the slowdown in public infrastructure projects, which caused muted demand for cement

Apple gets lift from services, offsetting iPhone weakness

Jul 31, 2019 - 11:46 AM

Profit in the quarter ending in June falls 13% from the year-ago period to $10 billion while overall revenues increase 1% to a better-than-forecast $53.8 billion

APPLE. In this file photo taken on June 03, 2019 Apple CEO Tim Cook presents the keynote address during Apple's Worldwide Developer Conference (WWDC) in San Jose, California. Photo by Brittany Hosea-Small / AFP

Samsung profit slumps more than half as chip market weakens

Jul 31, 2019 - 11:45 AM

Samsung Electronics has enjoyed record profits in recent years despite a series of setbacks but is now struggling with chip prices falling as global supply increases.

SAMSUNG. This file photo taken on October 11, 2016 shows the Samsung store in Paris. Photo by Bertrand Guay/AFP

Nintendo's Q1 net profit drops 46% on forex losses

Jul 30, 2019 - 5:17 PM

Net profit for the April-June period falls 45.7% from a year earlier to 16.6 billion yen

NINTENDO. People wait in line to play Nintendo Switch games at the 24th Electronic Expo, or E3 2018, in Los Angeles, California on on June 12, 2018, where hardware manufacturers, software developers and the video game industry present their new games. Photo by Frederic J. Brown/AFP

Huawei says revenue surges 23% in first half

Jul 30, 2019 - 5:11 PM

The US actions have created some 'disturbances' but overall it has been 'controllable,' said Liang Hua, Huawei's chairman

HUAWEI. People walk by the Huawei stand at the Mobile World Congress (MWC), the world's biggest mobile fair, on February 26, 2018 in Barcelona. Photo by Pau Barrena / AFP

Sony 1st quarter net profit down on one-off factors

Jul 30, 2019 - 5:05 PM

(UPDATED) Sony experiences a slowdown in its games and network businesses, including an online service that allows users to enjoy music and video titles via their PlayStation accounts

SONY. This file photo taken on January 23, 2019 shows a general view of the logo of Japan's Sony displayed at an entrance to the company's headquarters in Tokyo. Photo by Kazuhiro Nogi/AFP

UnionBank's H1 2019 earnings up just 2% as it shifts to digital

Jul 29, 2019 - 7:40 PM

UnionBank posts a net income of P4.8 billion in the 1st half of 2019, as it sustains growth of earning assets despite lower margins and investment in its digital transformation

Meralco core income rises by 14% to P12.3 billion in 1st half of 2019

Jul 29, 2019 - 6:45 PM

Meralco posts strong earnings from January to June this year despite a power supply crisis in Luzon during the period

Pacific Online drags down Belle Corp's earnings in first half of 2019

Jul 26, 2019 - 4:12 PM

The slight increase in earnings of City of Dreams Manila was not enough to buffer Pacific Online's 49% revenue drop caused by competition with small town lottery

BDO boasts 54% earnings growth to P20.2 billion in 1st half of 2019

Jul 26, 2019 - 2:39 PM

BDO beats conservative forecasts, growing its earnings from P13.1 billion in the 1st half of 2018 to P20.2 billion in 2019

Google/Alphabet sees fresh growth amid antitrust woes

Jul 26, 2019 - 2:38 PM

Profits triples in the 2nd quarter from a year earlier to $9.9 billion while revenues increase 19% to $38.9 billion.

Amazon pays a price for one-day delivery as profit growth slows

Jul 26, 2019 - 2:31 PM

Analysts say the costs of ramping up infrastructure were eroding profits.

AMAZON. In this file photo taken on July 23, 2019, a picture shows the Amazon logo at the entrance of the Amazon logistics centre in Amiens, northern France. Photo by Denis Charlet/AFP

Loans push Metrobank’s income up 18% in 1st half of 2019

Jul 26, 2019 - 12:45 PM

Metrobank says the double-digit growth is due to consistent loan growth, higher fee-based income, and prudent operational expenditures

Legal woes dent Facebook profit but revenue, user base grows

Jul 25, 2019 - 6:03 PM

Profit in the second quarter falls 49% from a year ago to $2.6 billion