Saturday, September 13, 2025

Corporate Business

Earnings roundup

GT Capital profit hits P20B GT Capital Holdings Inc. said profit last year reached P20.3 billion, up 54 percent from P13.2 billion the prior year. Core...

PCC approves Lotte’s acquisition of Pepsi PH

THE Philippine Competition Commission (PCC) has green-lighted the proposed acquisition by Korean beverage maker Lotte Chilsung Beverage Co. Ltd. of the publicly-owned shares in...

Metro Retail profit hits P776M

Metro Retail Stores Group Inc. (MRSGI) reported profit of P776 million in 2019, down 19.7 percent from P966.38 million the prior year on new...

Suncity to raise $30M to fund gaming venture 

SUNCITY Group Holdings Ltd. said it looks to raise $30 million to finance its venture into the local gaming business. The company said it is...

Meralco expects sales volume drop due to ECQ

MANILA Electric Co. (Meralco) is expecting a drop in power sales as majority of its big clients have limited their operations due to the...
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