TOKYO, May 12, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries (MHI, TSE Code: 7011) announced that order intake rose 21.9% year-over-year to ¥4,067.7 billion in the period ended March 31, 2022. Revenue rose 4.3% to ¥3,860.2 billion year-over-year, resulting in business profit(1) of ¥160.2 billion, a 196.3% increase from the previous fiscal […]
Tag: increase
ICTSI net income surges 58% to over $142M
LISTED port operator International Container Terminal Services, Inc. (ICTSI) on Thursday reported a 58% growth in first-quarter attributable net income to $142.3 million from $90.1 million in the same period a year earlier. The increase was “primarily due to higher operating income; increase in equity share in net profit of joint ventures; and strong contribution […]
AyalaLand Logistics profit up 19%
AYALALAND Logistics Holdings Corp. reported a 19% increase in net income to P197 million in the first quarter of 2022, a year when it aims to boost its business performance. “Our growth plans are geared to enable AyalaLand Logistics to seize opportunities in the new economy. With the competitive advantage from our solid portfolio of […]
‘Slight increase’ in Covid-19 cases felt in Alert Level 1 areas, says Duque
THE Department of Health (DOH) has recorded a slight increase in coronavirus disease (Covid-19) cases in 14 areas that have been placed under Alert Level 1, the lowest quarantine classification in the country.In his report during President Rodrigo Duterte’s Talk to the People Address Monday, April 18, DOH Secretary Francisco Duque III reiterated the government’s […]
Oil firms to raise prices for 13th time this year
PETROLEUM companies announced on Monday, April 18, 2022, another increase in fuel prices, the 13th for the year.Companies will implement an additional P0.45 per liter for gasoline and kerosene and P1.70 per liter for diesel.Caltex Petroleum Corp. will implement the price adjustments at 12:01 a.m. of April 19, while Shell Philippines and Seaoil will have […]
UK firms expect pay rises in record numbers as inflation starts to bite
A RECORD number of UK companies expect to increase wages over the next year as the war in Ukraine deepens the cost of living crisis, a survey showed. The Lloyds Bank Business Barometer found that a quarter intended to boost average wages by at least 2% in the next 12 months. A fifth of businesses […]
Universal Medical Announces 2021 Annual Results: Business with Steady Promotion, Net Profit of Hospital Group Increased by 39.5%
HONG KONG, Mar 29, 2022 – (ACN Newswire via SEAPRWire.com) – Genertec Universal Medical Group Company Limited (the “Company” or “Universal Medical”, and together with its subsidiaries, the “Group”; Stock Code: 2666.HK) is pleased to announce annual results for the year ended 31 December 2021. FINANCIAL HIGHLIGHTS— For the year ended 31 December 2021, the […]
Continued Growth Under the Pandemic, Huisen Household Profit Increased by Over 60%
HONG KONG, Mar 26, 2022 – (ACN Newswire via SEAPRWire.com) – China’s major furniture product manufacturer Huisen Household International Group Ltd. (“Huisen Household” or “the Group”; stock code: 2127.HK) announced audited annual results for the year ended 31 December 2021 (“the review period”) today. During the review period, the revenue of the Group was RMB5,139 […]
ZhongAn Online Released 2021 Annual Report
HONG KONG, Mar 25, 2022 – (ACN Newswire via SEAPRWire.com) – ZhongAn Online P & C Insurance Co. Ltd. (“ZhongAn Online” or “ZhongAn” or the “Company”, HKEx: 6060) released its audited annual report for the year ended December 31, 2021 (“the reporting period”). The Company leveraged its strengths in insurance technology and rich resources connected […]
TUCP seeks hike in minimum wage to P834 per day in Central Visayas
THE Trade Union Congress of the Philippines (TUCP) is seeking an increase in the minimum wage in Central Visayas to address social problems such as malnutrition, hunger, poverty and the successive increases in prices of oil products.TUCP president Rep. Raymond Mendoza filed a petition for a P430 increase in the region’s daily minimum wage before […]
Sisram Medical Ltd Announces 2021 Record Annual Results
HONG KONG, Mar 17, 2022 – (ACN Newswire via SEAPRWire.com) – Sisram Medical Ltd (the “Company” or “Sisram”, stock code: 1696.HK; together with its subsidiaries referred as the “Group”), a global consumer wellness group, featuring a never-before-seen synergistic ecosystem of business building blocks and consumer-focused branding, ranging from medical aesthetics capital equipment, via injectables therapy, […]
BSP proposes rules for compensation of NSSLA officials
THE CENTRAL BANK is proposing a maximum rate of increase for compensation packages of officials and employees of nonstock savings and loans associations (NSSLAs) to ensure financial soundness is maintained. The draft circular posted on the website of the Bangko Sentral ng Pilipinas (BSP) also seeks to impose compensation restrictions if NSSLAs’ financial condition is […]
LTFRB: No transport fare hike in CV
DESPITE the successive oil price hikes in the country, there will be no increase in public transport fares in Central Visayas.This was what Land Transportation Franchising and Regulatory Board (LTFRB) 7 Director Eduardo Montealto Jr. reiterated Monday as oil companies prepared to impose another price hike on Tuesday, March 8, 2022.Montealto said a transport group […]
Incentives for ‘rental housing’ pushed
THE government is eyeing to grant incentives for a new housing scheme that would make home ownership accessible while addressing the backlog.Angelito Aguila, officer-in-charge director for Real Estate Development and Regulation Bureau of the Department of Human Settlements and Urban Development (DHSUD), in a virtual Kapihan session announced that there have been talks with the […]
EC Healthcare expects to achieve a record-high sales volume in third quarter of FY22, Represents more than 40% Y-o-Y increase
HONG KONG, Jan 10, 2022 – (ACN Newswire via SEAPRWire.com) – EC Healthcare (the “Company”, which together with its subsidiaries is referred to as the “Group”, SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong*, is pleased to announce that the Group expects to achieve a record-high sales volume in the period […]
DoE considering intermediate upgrade of biodiesel mix to 3%
THE Department of Energy (DoE) said on Wednesday that Typhoon Odette (international name: Rai) will not delay plans to increase biodiesel blend to 5% (B5) biofuel content, but added that it is considering an intermediate increase to 3% (B3) first. “We see no delay on the implementation of the B5 plan due to Typhoon Odette, […]
PAL Holdings seeks SEC nod on capital hike to P30B
PAL Holdings, Inc. has filed an application with the Securities and Exchange Commission (SEC) for a capital increase to P30 billion and an amendment to its articles of incorporation. The holding company of Philippine Airlines said in a stock exchange disclosure on Friday that it filed an application with the SEC on Dec. 29 to […]
Lapu-Lapu Council’s calamity fund increase ‘invalid’
THE Lapu-Lapu City Council dominated by allies of Rep. Paz Radaza had no permission to add P66 million to the calamity fund intended for families affected by Typhoon Odette (intern…
HMOs post sharp decline in third-quarter profits
HEALTH MAINTENANCE organization (HMO) profits declined in the third quarter after a surge in claims outweighed revenue growth, according to the Insurance Commission. The HMO industry posted a 40.87% decline in overall net profit to P4 billion in the third quarter. “This substantial decrease in the total net income is driven by the 11.95% increase […]
Airlines ramp up flights as holiday season draws near
AIRLINES are beefing up their operations in anticipation of the surge of passengers going home this Christmas. To stimulate growth in travel during this last quarter, AirAsia Philippines said it will double and triple its current weekly flight frequencies to most destinations such as Caticlan, Iloilo, Tacloban, Bacolod, Tagbilaran, Puerto Princesa, Kalibo and Cebu. Meanwhile, […]