Türkiye’s banking sector posted a net profit of TL 250.3 billion ($9.69 billion) in the first six months of 2023, the country’s banking watchdog said...
BDO Unibank Inc., the country's biggest bank, saw its first-half net income grow 47 percent year-on-year to P35.2 billion from P23.9 billion previously, driven by broad-based growth across its core businesses.
MANILA Electric Co. (Meralco) saw core net income grow by 47 percent to P19.2 billion in the first half from P13.12 billion a year earlier, a result said to have been driven by a 186-percent surge in the contribution from its power generation business.
LEISURE and gaming firm Belle Corp. saw its consolidated net income grow 15 percent to P1.31 billion in the first six months of 2023, driven by firmer revenues.
CEMEX Holdings Philippines Inc. incurred a net loss of P662 million in the first half (H1), more than double the P267 million posted a year earlier, as earnings fell and sales costs rose.
PXP Energy Corp. saw its net loss increase to P11.2 million in the first half from P6.3 million a year earlier due to lower margins from its Galoc oil field operations and higher interest expenses.
PUREGOLD Price Club Inc. (Puregold) saw its first-half net income inch up by 4.8 percent year on year to P4.4 billion with earnings tempered by higher operating expenses, lower margins and inflationary pressure.
FORD Philippines delivered a strong retail performance for the first half of 2023, driven by continued demand for its Next-Generation vehicle lineup, specifically the Ranger, Territory and Everest.
ATLAS Consolidated Mining and Development Corp.'s net income fell 60 percent to P802.55 million in the first half from P2 billion a year earlier, a result blamed on lower metal prices for the period.