LBC Express Holdings, Inc. on Monday said its attributable net income for the first three months of the year decreased by 65% to P48.87 million from P139.73 million previously, mainly due to lower revenues. Revenues for the quarter fell 9.17% to P3.96 billion from P4.36 billion in the same period a year ago, the company’s […]
Tag: same
SPC profit down 73% on lower earnings of investee firms
SPC Power Corp. saw its first-quarter attributable net income drop 72.6% to P126.72 million from P462.49 million in the same period a year ago, as earnings of investee companies contracted. “The biggest component of the reduction in the group’s consolidated net income was from the equity share in the earnings of investee companies which contracted […]
SM Investments net income up 27%
SM Investments Corp. reported on Wednesday that its consolidated net income grew 27% to P12 billion in the first quarter to show continuing momentum in recovery and consumer confidence. “Our financial performance in the first quarter showed continued recovery momentum with accelerating revenue and net income growth. As a group we are delivering pre-pandemic performance, […]
Megawide sees better numbers in Q2 as Mactan airport traffic improves
PASSENGER and cargo volumes at the Mactan-Cebu International Airport (MCIA) are expected to further grow in the second quarter amid relaxed mobility restrictions and the election period, Megawide Construction Corp. said. “With relaxed travel restrictions locally and globally and campaign/election period in May, we expect the numbers to improve in Q2 (second quarter),” Megawide said […]
NOW Corp. net income rises nearly 58%
LISTED NOW Corp. saw its third-quarter attributable net income climb 57.7% to P7.05 million from P4.47 million in the same period last year, helped by an increase in non-operating income. In a stock exchange filing on Tuesday, NOW Corp. said its total revenues — from services and sales — for the quarter declined 0.11% to […]
Roxas and Co. swings to P22.5-M profit
ROXAS and Co., Inc. (RCI) reported a net income attributable to the parent equity holder of P22.54 million in the third quarter of 2021, a turnaround from its P841.05-million loss in the same quarter last year. For the nine-month period, the company reported an attributable net loss of P54.64 million, down by 95% from its […]
How AI is hijacking art history
ART historians have long used traditional X-rays, X-ray fluorescence or infrared imaging to better understand artists’ techniques. — METROPOLITAN MUSEUM OF ART/WIKIMEDIA COMMONS PEOPLE tend to rejoice in the disclosure of a secret. Or, at the very least, media outlets have come to realize that news of “mysteries solved” and “hidden treasures revealed” generate traffic […]
DENSO Announces Second Quarter Financial Results
KARIYA, JAPAN, Oct 29, 2021 – (JCN Newswire via SEAPRWire.com) – DENSO, a leading mobility supplier, today announced its global financial results for its second quarter, ending September 30, 2021, for its 2022 fiscal year, ending March 31, 2022: – Consolidated revenue totaled 2,582.9 billion yen (US$23.1 billion), a 24.5 percent increase from the previous […]
MacroAsia trims loss, sees slow recovery
MacroAsia Corp. trimmed its second-quarter net loss to P289.22 million from P489.1 million in the same period a year earlier, “as recovery in pax and flight movements has progressed slowly in 2021.” Total revenues for the quarter climbed 91.1% to P473 million from P247.5 million in the same period in 2020, the company said in […]
VC Holdings Expects a Turnaround in 1H 2021
HONG KONG, Aug 9, 2021 – (ACN Newswire via SEAPRWire.com) – Value Convergence Holdings Limited (“VC Holdings”, together with its subsidiaries, the “Group”; Stock Code: 0821.HK) announced that, based on its preliminary assessment of the unaudited consolidated financial statements of the Group for the six months ended 30 June 2021 (“Reporting Period”), the Group is […]
DENSO Announces First Quarter Financial Results
KARIYA, JAPAN, Jul 30, 2021 – (JCN Newswire via SEAPRWire.com) – DENSO, a leading mobility supplier, today announced its global financial results for its first quarter, ending June 30, 2021, for its 2022 fiscal year, ending March 31, 2022: – Consolidated revenue totaled 1,356.9 billion yen (US$12.3 billion), a 77.3 percent increase from the previous […]
EC Healthcare Announced Quarterly Sales Volume, Successfully Expanded New Flagship Service Centre
HONG KONG, Jul 27, 2021 – (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, announces that, to fulfill the strong demand for medical and healthcare services, on 26 July 2021, the […]
Globe signs P12-B loan deals for capex
GLOBE Telecom, Inc. announced on Thursday that it signed term loan facilities with China Banking Corp. and Philippine National Bank for P5 billion and P7 billion, respectively. The company will use the loans to finance its capital expenditures (capex), Globe said in a disclosure to the stock exchange. The Ayala-led telco targets to spend P70 […]
Limpag: Angry Schrock
Jimmy Kimmel, the comedy talk show host, highlighted the competitive spirit of Kobe Bryant when the Laker legend was a guest in his show a few months after he retired. Kimmel, who would later share how he and Kobe started in LA at about the same time, showed the Laker legend a clip of the […]
Benguet Corp. records income surge on mining projects’ strong revenues
BENGUET Corp. reported a first-quarter net income of P518.56 million, more than nine times higher year on year, on the back of stronger revenues from its gold, nickel, and lime projects. The listed mining company said in a stock exchange disclosure on Wednesday that revenues for the January-to-March period increased 314% to P1.28 billion from […]
Central Global Berhad Posts 25% Rise in Revenue
KUALA LUMPUR, May 25, 2021 – (ACN Newswire via SEAPRWire.com) – Main Market-listed Central Global Berhad (“CGB”) recorded a 25.42% increase in revenue to RM37.56 million for the first quarter ended 31 March 2021 (“1Q2021”) compared to RM29.95 million recorded in the same quarter of the previous year. CGB executive chairman Dato’ Faisal Zelman The […]
Joy Spreader’s First Quarterly Results: Video E-commerce Business Soars 143.58%
HONG KONG, May 10, 2021 – (ACN Newswire via SEAPRWire.com) – On May 10, 2021, Joy Spreader (6988.HK), a MarTech company listed in Hong Kong, released the business update of the first quarter of 2021. According to the announcement, in the first quarter, Joy Spreader achieved revenue of HK$ 248 million, representing an increase of […]
Global Internet of People Inc. Posts Robust 2020 Business Growth
SHANGHAI, May 7, 2021 – (ACN Newswire) – Global Internet of People, Inc. (NASDAQ:SDH), an operator of a knowledge sharing and enterprise service platform via mobile application and through local centers in China, is one of the few knowledge-sharing platform companies that has reported robust business performance in the past year. The company has posted strong growth and generated […]
WHO official says ‘vaccine optimism’ a factor in health protocol complacency
THE World Health Organization’s (WHO) top official in the Philippines said “vaccine optimism” has contributed to complacency in following minimum health protocols, which is seen as a factor in the renewed surge of coronavirus cases in the past two weeks. The country’s coronavirus disease 2019 (COVID-19) innoculation program was rolled out on March 1, starting […]
ANTUSDT Coin Mixer: A privacy war in progress
Make digital currency untraceableThe coin mixer is a service that hides the transaction path through coin shuffle, thereby concealing the identity of the participants.People are unwilling to expose property and transaction data. Fortunately, through the coin mixer, people can hide their real-world identities and use digital currencies more privately. The digital currency address is just […]