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DepEd, TeaM Energy Seek to Curb Malnutrition Among Elementary Students

Pagbilao, Quezon – In a bid to battle malnutrition among students in public schools, TeaM Energy, together with the Department of Education spearheads an on-going six-month feeding program in select public schools in the Municipality of Pagbilao in Quezon.

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Metro Pacific Investments’ core profit up 17% to P12B last year

By Riza Lozada Diversified con­glomerate Met­ro Pacific In­vestments Corp. (MPIC) reported a 17 per­cent rise in its consolidated core net income to P12.1 billion in 2016 from P10.3 billion in 2015 as a result of strong growth from all its operations.

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Belle Corp. net income rockets 74% to P3B

Casino operator Belle Corp. reported consolidated net in­come of P3.1 billion for 2016, which was 74 percent higher from the previous year.

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Egg shells lay P2.64-B profit for chemical firm

Listed chemical firm D&L Indus­tries reported P2.64 billion in net income for 2016 and earnings per share of P0.37 which were both higher by 15 percent.

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IPOs boost bourse to P701-M profit

By Riza Lozada  A surge in initial public offerings (IPOs) last year countered weak trading at the bourse to boost the Philippine Stock Exchange Inc.(PSE) net income by 3 percent to P701.54 million last year from P682.81 a year ago. 

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Metrobank reports record-setting results

Major lender Metropolitan Bank and Trust Co. (Metrobank) reported a consolidated net income of P18.1 billion in 2016 Profit for the fourth quarter grew 3 percent to P5.5 billion from a year ago, the bank reported. 

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Century Pacific cited as best-managed firm

Century Pacific Food Inc (CNPF), the country’s largest canned food company, has been awarded by Asiamoney as the country’s Best Managed Company in 2016, under the small capital category. 

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Sokor to help Asean push regional pact

The Philippines and South Korean governments have agreed to work together for the conclusion of Association of Southeast Asian Nations (ASEAN)-led trade pact, the Regional Comprehensive Economic Partnership (RCEP). 

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RCBC group profit hits P3.9B in 2016

Listed Rizal Commercial Banking Corp. (RCBC) reported a consolidated net income of P3.86 billion last year with its net interest income of P15.7 billion, accounting for 69 percent of total revenues of P22.81 billion. 

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BPI profit jumped 21% to P22 billion last year

Ayala Group unit Bank of the Philippine Islands (BPI) achieved a full-year net income of P22.05 billion in 2016, growing by 20.9 percent with comprehensive income reaching P21.74 billion which was also a 30.2 percent improvement.

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