net income - updates

Rappler's latest stories on net income

ARTICLE FINDER

SM gets income boost from property, retail units

May 09, 2018 - 3:35 PM

The listed conglomerate of the Philippines' richest man posts a 10% rise in net income for the 1st quarter of 2018, thanks to its core businesses

STRONG RESULTS. SM president Frederic DyBuncio says: 'We continue to build on our strong 2017 performance with revenues rising faster in the first quarter this year.' Photo by Rob Reyes/Rappler

Petron gets income boost from Bataan refinery

May 08, 2018 - 5:50 PM

Ramon Ang, chief of the country's largest oil retailer, says 'stable and improved operating efficiencies' in Bataan significantly contributed to the company's performance in the 1st quarter of the year

PETRON. In this file photo, a gasoline attendant loads petrol to motorcycle at Petron station in Manila on May 12, 2009. Photo by Jay Directo/AFP

BPI posts flat net income of P6.25 billion in Q1 2018

May 07, 2018 - 5:30 PM

The listed Ayala-led lender remains less exposed to interest rate risk, as its holding in securities only increased by 2.3% to P309.95 billion from January to March this year

FLATTISH PERFORMANCE. Net income of BPI, the Philippines' 3rd largest bank in terms of assets, remains unchanged in the first quarter of 2018, from the P6.25 billion recorded in the comparable period a year ago. Photo by LeAnne Jazul/Rappler

Globe Telecom open to partnering with PLDT for cell tower firm

May 07, 2018 - 4:40 PM

The Ayala-led company says the creation of an independent cell tower firm would significantly reduce the time needed for a new player to roll out

URC net income slides further in Q1 2018

Apr 30, 2018 - 7:00 PM

The food manufacturing giant reports a net income of P3 billion in the 1st quarter of 2018, down 12%, as a weaker peso, inflation, and competition take a toll on domestic sales

Metrobank net income up 5.3% in Q1 2018

Apr 29, 2018 - 9:20 PM

The Ty-led bank reports a net income of P5.9 billion in the 1st quarter of 2018 compared to the P5.6 billion it earned in the same period last year

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Lopez Holdings net income drops 36% in 2017

Apr 17, 2018 - 7:25 PM

The net income of the Lopez family's holding firm drops to P4.225 billion from P6.557 billion, as earnings of both First Philippine Holdings and ABS-CBN slow in the absence of one-off gains

Century Properties net income drops in 2017 amid diversification

Apr 16, 2018 - 5:15 PM

Despite higher revenues, the property developer's net income drops to P649.9 million in 2017 from P726.9 million in 2016 as it expands into the affordable housing and leisure markets

Alliance Global net income for 2017 stalls on Resorts World attack

Apr 05, 2018 - 8:15 PM

Alliance Global reports a net income of P21.8 billion in 2017, from P22.8 billion in 2016, as losses from its casino and liquor units offset gains from Megaworld and fast-food operations

Century Tuna maker's net income drops 4% to P2.55 billion in 2017

Apr 04, 2018 - 6:25 PM

Despite seeing revenues grow by 22% to P34.5 billion, Century Pacific Food registers a lower net income due to more expensive raw materials

Global-Estate Resorts net income up 45% to P1.6 billion in 2017

Apr 02, 2018 - 7:50 PM

The increase comes as the residential sales of the Megaworld subsidiary grew 4% to P4.5 billion, while income from rentals was up 54% to P161 million

Megaworld net income up 13.4% to P13.3 billion in 2017

Mar 26, 2018 - 4:25 PM

The Andrew Tan-led property developer also plans to spend P60 billion in capital expenditures this year

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

Ayala Corp net income up 16% in 2017

Mar 12, 2018 - 4:16 PM

The net income of the Ayala Group's holding firm hits P30.3 billion in 2017, with Ayala Land leading the subsidiaries

PLDT income takes 'big one-time hit' from swap of base stations

Mar 08, 2018 - 7:00 PM

In the last quarter of 2017, expenses of the Philippine telco giant surge by 44% to P53.920 billion. This drags its reported net income to P4.479 billion in the same period.

BOTTOMLINE. 'We are not completely out of the woods yet but we are getting there,' PLDT chief Manuel Pangilinan says. Photo by Alecs Ongcal/Rappler

Metro Pacific net income rises by 15% in 2017

Mar 01, 2018 - 6:45 PM

The increase to P13.2 billion in 2017, from P11.5 billion in 2016, is largely due to Meralco and Global Business Power

Property still drives SM's healthy financials in 2017

Feb 28, 2018 - 2:45 PM

The listed conglomerate of the Philippines' richest man posts consolidated revenues of P396.1 billion in 2017, 9% higher than the level in 2016

HEALTHY FINANCIALS. 'Our property and specialty retail businesses delivered particularly strong results,' SM president Frederic DyBuncio says. Photo by Rob Reyes/Rappler

Higher electricity sales boost Meralco's income in 2017

Feb 26, 2018 - 5:15 PM

The utility firm says 2017 proved to be a good year on the commercial, operating, and financial fronts

Ayala Land net income up 21% in 2017

Feb 14, 2018 - 6:15 PM

The property developer reports a bottom line of P25.3 billion in 2017 compared to the P20.9 billion recorded in 2016

Ayala-led IMI's net income rises by 21% in acquisition-filled 2017

Feb 07, 2018 - 3:45 PM

The global manufacturer's revenue is also up $1.09 billion for 2017, with two major European acquisitions bringing in a combined $193.9 million

BPI net income up slightly to P22.42 billion in 2017

Feb 05, 2018 - 7:20 PM

The Ayala-led bank's net income for the entire 2017 inches up by 1.7%, lifted by its 4th quarter net income which grew 14.9%

EDC net income drops by 6.5% in 1st 9 months due to Leyte earthquake

Nov 15, 2017 - 7:15 PM

The core net income of the renewable energy producer falls to P6.6 billion for the January to September period as the quake in July disrupted operations of its largest power plant

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

PLDT increases target recurring core income for 2017

Nov 09, 2017 - 5:05 PM

PLDT chief Manuel Pangilinan says his group is confident it can raise recurring core income guidance by half a billion pesos to P22 billion this year

HIGHER TARGET. 'We are quite confident that we can raise our core guidance by half a billion pesos to P22 billion of recurring core income in the year 2017,' PLDT chairman Manuel Pangilinan says. Photo by Alecs Ongcal/Rappler

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

URC net income drops by 21.2% in 1st 9 months of 2017

Nov 07, 2017 - 7:15 PM

Despite stronger sales, the food manufacturer records lower net income of P8.408 billion due to weak profitability, lower forex gains, and lower market valuation gain on financial assets

City of Dreams Manila operator's income surges on better casino profit

Nov 07, 2017 - 6:45 PM

The performance is driven by City of Dreams Manila's strong year-on-year growth across all gaming segments

SURGE. Casino revenues surge by 53% in the 1st 9 months of 2017 to P22.5 billion from P14.7 billion for the same period a year ago. Photo by Stephen Lavoie/Rappler

Ayala Land net income up 18% in 1st 9 months

Nov 07, 2017 - 5:35 PM

The property developer posts a net income of P17.8 billion for the January to September period

Shakey's income up despite more competitive scene

Nov 07, 2017 - 2:00 PM

The listed pizza chain is confident it will see another round of good sales growth as the Christmas season starts

BRANCHING OUT. Shakey's aims to grow more this year. File photo from Shakey's Philippines Facebook page

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

Metrobank net income up 5% despite P900-million fraud

Nov 06, 2017 - 7:40 PM

The bank posts a net income of P3.69 billion in the 3rd quarter of 2017, pushing its year-to-date net income 5% higher to P13.2 billion

Security Bank net income rises by 21% to P2.14 billion in Q3 2017

Nov 06, 2017 - 6:00 PM

The 3rd quarter result means Security Bank's net income for the first 9 months of the year is up 12% to P7.4 billion

GMA 'cautiously optimistic' of hitting target despite income decline

Aug 14, 2017 - 8:15 PM

The absence of election related spending hurts GMA Network s financial performance in the 1st half of 2017

CAUTIOUSLY OPTIMISTIC. GMA Network chief Felipe Gozon says his firm will 'still try' to hit its 2017 net income target of P3.9 billion. Rappler file photo

Alliance Global net income drops to P10.1 billion in 1st half of 2017

Aug 14, 2017 - 4:10 PM

The group s property and fast food units temper the slower performance of its casino and liquor businesses

Resorts World Manila operator reports P312-M net loss in Q2 after attack

Aug 14, 2017 - 2:50 PM

With the casino non operational for 27 days in June gross gaming revenues fell by 21 68 to P9 2 billion in the 1st half of 2017

Absence of political ads drags down ABS-CBN income in 1st half

Aug 11, 2017 - 5:04 PM

Although it would be very challenging ABS CBN remains hopeful that it will hit its profit guidance of P3 billion for 2017

Net interest, fee-based earnings drive RCBC's income in 2nd quarter

Aug 11, 2017 - 10:55 AM

The bank s net income in the 2nd quarter of 2017 soars by 67 to P1 34 billion from the P806 million booked in the same period in 2016

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

Megaworld net income up 11% to P6.69B in 1st half of 2017

Aug 10, 2017 - 6:40 PM

The rise is due mainly to the property developer s rental income which rose 20 to P5 83 billion for the period

Beacon divestment lifts PLDT's core income to over P12B

Aug 10, 2017 - 1:44 PM

UPDATED PLDT s core income for the 2nd quarter of 2017 increases to P12 1 billion from P10 5 billion in the same period a year ago

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

Emperador net income down to P2.7 billion in 1st half of 2017

Aug 09, 2017 - 3:55 PM

The beverage firm s revenues came in at P18 1 billion for the period

Termination of Nigeria contract pulls ICTSI's income to over $100M

Aug 09, 2017 - 12:40 PM

The 24 surge in net income comes amid higher interest and financing charges as well as higher depreciation and amortization expenses

Eagle Cement income grows in 1st half of 2017 despite low cement prices

Aug 08, 2017 - 9:40 PM

Cement prices which range from P170 to P180 per bag are at a 4 year low because of increased competition in the industry

Max's Group net income up 12% to P331M in 1st half of 2017

Aug 08, 2017 - 9:00 PM

The casual restaurant chain operator plans to build an additional 25 to 30 stores by the end of the year

Petron net income surges to over P8 billion in 1st half of 2017

Aug 08, 2017 - 7:55 PM

The oil refiner posts income growth despite crude oil inventory losses and a 45 day scheduled maintenance shutdown of its refinery

Globe net income falls by 10% to P8.1B in 1st half of 2017

Aug 08, 2017 - 6:50 PM

Globe attributes much of the decline to costs related to its buyout of San Miguel Corporation s telco assets as its revenues rose by 5 to P62 9 billion

Ayala Land net income up 18% to P11.5B in 1st half of 2017

Aug 07, 2017 - 9:55 PM

The firm s consolidated revenues are also up by 18 to P64 5 billion with more than half coming from property development

DoubleDragon plans to sell over P7 billion worth of shares

Aug 07, 2017 - 8:40 PM

In a bid to become a blue chip stock in the near term DoubleDragon revises its 2020 net income target to P5 5 billion from the initial projection of P4 8 billion

MORE OPTIMISTIC. DoubleDragon revises upwards its 2020 targets. Instead of 1 million square meters of leasable space, Double Dragon now expects to hit 1.2 million sqm of leasable space by 2020. Data from DoubleDragon's PSE disclosure

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