financial performance - updates

Rappler's latest stories on financial performance


Del Monte Q3 profit down 13%

Oct 25, 2013 - 1:43 PM

Acquisition and listing fees pull down the 3rd quarter net income of local fruit grower and canner Del Monte Pacific

Mobile lifts Facebook profit in Q2

Jul 25, 2013 - 11:45 AM

Facebook surprises Wall Street by showing it can make money from folks on smartphones and tablets causing the leading social network s stock to rocket

SURPRISE. Facebook's 2nd quarter performance shows it can make money from smartphones and tablets. File photo from AFP with Facebook co-founder Mark Zuckerberg

PAL Holdings ends 1st year under SMC with P4-B losses

Jul 16, 2013 - 7:00 AM

One year after conglomerate San Miguel Corp acquired controlling stake in Philippine Airlines the legacy carrier posts lower losses

LESS LOSSES. Philippine Airlines trims losses under San Miguel management. Photo by AFP

Facebook shareholders vent ire over sagging stock

Jun 12, 2013 - 11:39 AM

Facebook shareholders grill leaders of the social network regarding how they planned to revive the company s stock and protect user privacy from snoops including US spy agencies

SAGGING PROFITS. Facebook investors not happy with performance of tech company's stock. File photo from AFP with Facebook co-founder Mark Zuckerberg

Jollibee earns P895-M in Q1, up 33%

May 15, 2013 - 6:40 PM

The homegrown food giant attributes the earnings growth to strong store sales and an improved operating margin

STRONG SALES. Jollibee Foods Corporation posted a 33% jump in 1st quarter of 2013. AFP Photo

Villar-led Vista Land nets P1.3-B in Q1, up 29%

May 15, 2013 - 10:09 AM

The property development firm of Sen Manuel Villar earned P1 342 billion in the first 3 months of 2013 boosted by new developments and strong take up of current projects

Cebu Pacific books 20% income hike in Q1

May 14, 2013 - 8:14 PM

Cebu Pacific books a 20 2 increase in net income on the back of higher passenger volume cheaper fuel costs and an increase in average fares

GOING UP. Cebu Pacific enjoys a 20.2% increase in income. Graphic by Rappler

PSE nets P185-M in Q1, up 28%

May 14, 2013 - 5:40 PM

Robust trading and listing fees boost the local stock exchange s net income in the first quarter rising 27 8 to P184 8 million

ROBUST TRADING. Trading has been active at the Philippine Stock Exchange, hitting record highs with healthy volumes. Photo by PSE

San Miguel Corp Q1 profits drop 51%

May 13, 2013 - 5:36 PM

The country s biggest business group cites the higher sin tax rates the low oil prices higher interest expences and the lack of one off foreign exchange gains for the plunge

SMC sees 34% drop in net income. Photo by Aya Lowe/Rappler

Tan-led Alliance Global earns P20.8-B in 2012, up 41%

Mar 14, 2013 - 6:04 PM

The year 2012 was a record for Alliance Global Group Inc the listed holding firm of tycoon Andrew Tan

Gokongwei-led JG Summit nets P13.5-B in 2012, up 60%

Mar 14, 2013 - 1:58 PM

Hefty dividends from PLDT and strong peso buoy up JG Summit s 2012 financial performance

PAL back in black by 2014? Ang says so

Mar 07, 2013 - 4:07 AM

Philippine Airlines PAL cites its re fleeting program and the lifting of a ban for flights to Europe and US as reasons

RETURN TO PROFITABILITY. PAL is confident of growth due to its re-fleeting program. AFP Photo

MVP-led Philex Petroleum posts P1.09-B loss in 2012

Feb 22, 2013 - 11:22 AM

The listed oil and gas unit of the Manuel V Pangilinan business group wrote off losses from coal and gas projects in 2012

PAL Holdings trims losses by 24% in April-Dec

Feb 15, 2013 - 12:18 PM

UPDATED The parent of legacy carrier Philippine Airlines PAL reduced its comprehensive net losses by 24 to P2 7 billion in the first 9 months of its fiscal year largely due to the stronger peso and cheaper jet fuel

TAKE OFF. Legacy carrier PAL's financials are still in the red. Photo by AFP

Toyota, Nissan announce record sales for 2012

Jan 28, 2013 - 2:38 PM

Toyota and Nissan on Monday January 28 posted record sales for 2012 as the Japanese car giants benefited from a pick up in demand with Toyota recapturing the world s biggest automaker crown from General Motors

Jollibee posts P2.47-B income in Jan-Sept, up 20%

Nov 14, 2012 - 7:12 PM

Homegrown giant Jollibee Foods Corp posted a P2 47 billion net income in January to September period reflecting a 20 4 increase on the back of expansion and higher sales from local and overseas stores

PLDT dividends boost JG Summit 9-mo profits by 36.5%

Nov 14, 2012 - 12:35 PM

The Gokongwei led holding firm JG Summit s 12 stake in Philippine Long Distance Telephone Co PLDT contributed P2 95 billion in dividends

Ayala Corp 9-month profits rise 19% to P8.7 billion

Nov 13, 2012 - 3:40 PM

The country s oldest conglomerate Ayala Corp netted an P8 7 billion income in the first 9 months of 2012 reflecting a 19 increase from a year ago on the back of robust earnings of its business units

Villar-led Vista Land posts P2.19-B profits in H1, up 25%

Aug 15, 2012 - 4:12 PM

Villar led Vista Land Landscapes reported a 25 jump in net income for the first 6 months of the year reaching P2 19 billion from P1 74 billion during the same period last year on the back of strong demand and expansion

GMA Network's profits reach P1-B in H1, down 4%

Aug 14, 2012 - 9:07 PM

The second biggest media group GMA Network realized a P1 014 billion profit in the first semester lower than the P1 055 billion it reported in the same period a year ago

ABS-CBN posts Jan-June income of P927-M, down 45%

Aug 13, 2012 - 8:17 PM

Higher production costs and modest advertising revenues cut the consolidated net income of the country s largest media group ABS CBN Corp by 45 in the first 6 months

2011 profits of listed firms down 1.9%

May 30, 2012 - 6:14 PM

Combined net earnings of listed firms decreased by 1 9 to P429 96 billion in 2011 from P438 09 billion in 2010 despite a healthy 17 5 increase in revenues

ABS-CBN net income down 69% in Q1

May 14, 2012 - 2:33 PM

Media group ABS CBN Corp posted a net income of P306 million in the first 3 months of the year reflecting a 69 drop from P976 million in the same period in 2011

PSE 2011 income dips 2.7% on new products, trading engine

Mar 15, 2012 - 11:48 AM

Despite improved market activity in 2011 the net income of PSE dipped slightly due to higher costs for new product development and expenses related to its new trading engine

Petron 2011 profits up 7.6% to P8.5-B

Mar 07, 2012 - 5:51 PM

The country s largest oil refiner and retailer reports a 7 6 growth in its 2011 net income citing higher export sales and recovery of regional product cracks

GMA-7 is good investment, says MVP

Mar 06, 2012 - 4:47 PM

Businessman Manuel V Pangilinan reiterated that his group considers GMA Network Inc the operator of GMA 7 a good investment given the second biggest media network s healthy financials

THE SUITOR. Businessman Manuel V. Pangilinan takes questions at a press conference on March, ,6, 2012.

Dutch pension fund buys shares in Philippine property firm

Feb 21, 2012 - 3:53 PM

Netherlands based APG Strategic Real Estate Pool N V acquired 9 8 stake in Century Properties Group

Shangri-La 2011 profit slides to P1.1-B

Feb 21, 2012 - 3:21 PM

High end condominium hotel and commercial developer Shang Properties reports P1 1 billion net income in 2011

Jollibee reports 2011 income flat at P3.25-B

Feb 16, 2012 - 2:10 PM

Higher costs of food ingredients and other raw materials resulted in a a measly 1 2 increase in the net income of homegrown food giant Jollibee Food Corp

Metrobank 2011 profits up 32% to P11-B

Feb 16, 2012 - 11:14 AM

Ty led universal bank Metrobank grew its net profits by 31 99 through higher interest fee based earnings and better than expected treasury gains

Megaworld 2011 sales drop 25%

Feb 16, 2012 - 10:49 AM

Sales reached P37 1 billion last year down 25 from the P49 68 billion disclosed in 2010

Ayala Land 2011 net income hits all-time at P7-B

Feb 15, 2012 - 3:33 PM

Ayala Land Inc realized a P7 14 billion net income in 2011 an all time high for one of the country s biggest real estate firms

Globe 2011 net profits flat at P9.8-B

Feb 10, 2012 - 6:23 PM

Globe Telecom has 30 million subscribers at end 2011 when it reached all time high revenues but had to slash prepaid load credits adjustments

2011 'a difficult year' for Cebu Pacific

Jan 24, 2012 - 10:31 PM

Spiraling price of jet fuel which accounts for chunk of an airline s operating costs dragged down profits of Cebu Pacific in 2011