Foreign investments approved in 3rd quarter reached P13.05B

TOTAL foreign investments (FI) approved in the third quarter of 2022 has amounted to P13.05 billion, down by 24 percent from P16.82 billion reported in the same quarter in 2021. These investments were pledges from four Investment Promotion Agencies (IPAs), namely: Board of Investments, Clark Development Corp., Philippine Economic Zone Authority and Subic Bay Metropolitan […]

Society Pass Inc (Nasdaq: SOPA) Reports Breakout 9 Month 2022 and 3Q 2022 Financial Results

SINGAPORE, Nov 15, 2022 – (ACN Newswire via SEAPRWire.com) – Society Pass Incorporated (“SoPa”) (Nasdaq: SOPA), SEA’s leading data-driven loyalty, fintech and e-commerce ecosystem, today announces a filing of its 3Q 2022 Form 10-Q with the Securities and Exchange Commission. Please see filing here. https://www.sec.gov/ix?doc=/Archives/edgar/data/0001817511/000160706222000677/sopa093022form10q.htm Summary Points:– Nine months 2022 unaudited revenues grew 2,870% year […]

Q3 GDP surprises with 7.6% growth

By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINE ECONOMY expanded faster than expected pace in the third quarter, putting it on track to beat the government’s full-year target, but faces headwinds from soaring inflation and rising interest rates. Preliminary data from the Philippine Statistics Authority (PSA) showed the gross domestic product (GDP) grew by […]

Prenetics Announces Second Quarter 2022 Financial Results and Raises Full Year Adjusted EBITDA Outlook

LONDON AND HONG KONG, Sep 9, 2022 – (ACN Newswire via SEAPRWire.com) – Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a global leader in genomic and diagnostic testing, today announced its unaudited financial results for the second quarter ended June 30, 2022. — Revenue of US$51.7 million in the second quarter of 2022— […]

Genetec’s Quarterly Performance Jumps by 126%

BANGI, Malaysia, Aug 29, 2022 – (ACN Newswire via SEAPRWire.com) – Technology leader in providing fully customised, intelligent manufacturing automation solutions, Genetec Technology Berhad continued its performance momentum into the new financial year, recording a surge in profit after tax (PAT) of RM18.6 million representing a 126.8% jump compared to RM8.2 million registered for the […]

Kingsoft Announces 2022 Interim and Second Quarter Results

HONG KONG, Aug 23, 2022 – (ACN Newswire via SEAPRWire.com) – Kingsoft Corporation Limited (“Kingsoft” or the “Company”; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited 2022 interim results and its second quarter results for the period ended 30 June 2022. For the first half of 2022, […]

Phoenix reports P201-M net income

PHOENIX Petroleum Philippines, Inc. announced on Thursday a net income of P201 million in the second quarter, describing the gains as “its highest since the onset of the pandemic.” “We had a difficult start this year, but we’ve gained some traction, and are seeing favorable results from our strategies. Improved margins and our sustained prudence […]

PH economy grows 7.4% in Q2

THE Philippine economy continues its rebound trajectory, growing 7.4 percent in the second quarter, marking the fifth consecutive quarter of growth since the country went into recession at the height of the pandemic.This follows the revised 8.2 percent gross domestic product growth rate posted in the first quarter of the year.The country’s chief economist Arsenio […]