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Developing Stories

SC steps in Okada Manila boardroom war as Kazuo-Tonyboy group reportedly pays P2B to Okada Manila contractor amid freeze on bank accounts

June 22, 2022

Business as usual: Kazuo Okada’s group claims ‘all is well’ despite freezing of bank assets

June 20, 2022

Casino-hotel, employees in peril: BDO, UBP, Asia United freeze Kazuo-Tonyboy group’s access to Okada Manila bank accounts

June 19, 2022
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Tag: earnings

H&M profits, sales beat forecast in second quarter

Swedish fashion retailer H&M posted stronger-than-expected sales and profits in the second quarter on Wednesday as shoppers splurged in stores and online.

Nike profits dip on lower sales in North America, China

Lower sales in North America and China dented Nike’s quarterly results as the sports giant on Monday projected modest revenue growth amid the strong dollar,

Andrew Tan’s Emperador posts flat Q1 earnings amid surging costs

Global liquor maker Emperador Inc. of ultra bilyonaryo Andrew Tan posted a flat performance in the first quarter with net profit unchanged at P2.1 billion

Ty family’s GT Capital navigates steady growth amid headwinds, core profit exceeds pre-Covid level

GT Capital Holdings Inc. is back on a sustainable growth track, with its first quarter core earnings exceeding the 2019 pre-pandemic performance of P3.5 billion.

Toyota posts record full-year net profit, forecasts cautious

by Kyoko HASEGAWA Toyota on Wednesday posted a record full-year net profit helped by strong sales and a cheaper yen, but issued cautious forecasts as

Disney profit slips but streaming TV subscribers jump

Disney on Wednesday said its profit slipped in the recently ended quarter but its television streaming service and parks were booming. The entertainment giant reported

Higher costs gnaw on ACEN’s first quarter earnings

ACEN Corp. reported a 68 percent decline in its profit in the first three months of the year to P405 million, weighed down by higher

Consunji holding firm smashes Q1 results with record earnings

DMCI Holdings Inc. had a blowout first quarter, more than doubling its net income to an all-time high of P11.26 billion on the strength of

Amadeus swings back to profit as air travel recovers

The world’s biggest travel reservations company Amadeus said Friday it had swung back to profit during the first quarter of 2022 as air travel resumed

China troubles mar Adidas’s first-quarter result

  German sportswear giant Adidas reported a drop in its profits in the first quarter on Friday, as widespread coronavirus lockdowns hurt business in key

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