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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: profit

Sablay na, kumita pa! Betty Ang, bayaw Soesanto, other Monde Nissin execs get 60% salary hike while profits tank 60%

Ultra bilyonaryo Betty Ang and her fellow Monde Nissin executives received fatter paychecks, bonuses and other perks in 2021 despite the steep drop in the

From red to black: Ricky Razon’s Bloomberry swings to P697M profit in Q1

Bloomberry Resorts Corp. posted a net income of P697 million in the first three months, reversing a loss of P780.8 million a year earlier on

Lucio Co holding firm ekes out 5% profit rise

Cosco Capital, the listed retail holding firm of bilyonaryo Lucio L Co managed to post a five percent jump in its net income last year

Ayala REIT Q1 earnings soar 59% on steady rental income

AREIT Inc., the country’s first real estate investment trust, reported a 59 percent jump in its first quarter profit to P796 million, on the back

Semirara goes supernova: Consunjis book almost all of last year’s profit in just three months

Semirara Mining and Power Corp’s hot streak keeps rolling, setting another record-breaking quarter. Consunji-led SMPC Corp. said its first quarter net income soared to an

Tys’ Metrobank Q1 profit up 2.6% on steady interest income, trading gains

The Ty family’s banking arm Metropolitan Bank & Trust Co. continued to enjoy healthy, stable growth with its first quarter earnings rising to P8 billion

Dennis, Grace Uy and Converge top execs get 25% pay hike on the back of record profit in 2021

Ultra bilyonaryo couple Dennis Anthony Uy and Grace Uy rewarded themselves and other officers of Converge ICT Solutions with a hefty pay hike following a

Willy Ocier’s LOTO swings to profit in Q1 after one-off gain

Lottery system provider Pacific Online Systems Corp. (LOTO) swung to a net profit of P11.3 million in the first quarter from a net loss of

Andrew Tan’s leisure unit bounces back with positive growth numbers: GERI posts P1.3B earnings in 2021

The leisure estate development arm of ultra bilyonaryo Andrew Tan, Global-Estate Resorts Inc. (GERI) swung back to positive territory with profit rising 21 percent to

Samsung forecasts Q1 operating profit up 50.3% year-on-year

Samsung Electronics expects operating profits for the first quarter to rise 50.3 percent, the South Korean tech giant said in a statement Thursday, despite global

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