Vivant PRofit falls

CEBU-BASED Vivant Corp. said its second-quarter attributable profit dropped by 23.5 percent to P416.88 million in the second quarter from P544.67 million in the same period last year.Vivant said its revenues stood at P1.59 billion, down three percent compared with P1.64 billion in the same period last year, based on its quarterly report filed with […]

Zijin Mining Announces 2022 Interim Results: Achieved 89.95% Increase in Net Profit Attributable to Owners

HONG KONG, Aug 16, 2022 – (ACN Newswire via – Zijin Mining Group Co., Ltd. (2899.HK; 601899:SH; “Zijin Mining” or “The Company”) announced its interim results for the six months ended 30 June 2022 (“Reporting Period”). The Company realised RMB132.46 billion in operating income, up 20.57% year-on-year, while net profit attributable to owners surged […]

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 […]

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 […]

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 […]

VC Holdings Expects a Turnaround in 1H 2021

HONG KONG, Aug 9, 2021 – (ACN Newswire via – 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 […]