Published May 28, 2021, 4:32 PM
Leading cement producer Holcim Philippines, Inc. is confident of delivering profitable growth this year while supporting the country’s recovery through more innovative products, enhanced operations, improved customer experience, and stronger commitment to sustainability.
During the firm’s Annual Stockholders Meeting, Holcim Philippines Chairman Tomas Alcantara said the company’s resilient performance in 2020 shows the its readiness to meet current challenges.
Alcantara also pointed to the robust performance in the first quarter of 2021, when Earnings before Interest and Taxes (EBIT) surged by 69 percent to P1.3 billion while net income increased by 81 percent to P909 million compared to the same period last year.
Federico C. Pascual
Pascual was first appointed as an independent director of the Bank in 2014 and currently serves as independent director of five of PNB’s subsidiaries and affiliate.
He is also a member of the Bureau of Customs’ Multi-Sectoral Governing Council and holds key leadership positions in various businesses.
His past experiences include a 20-year stint at PNB as well as leadership roles in organizations such as Government Service Insurance System, National Reinsurance Corporation, Department of Trade and Industry, Philippine Stock Exchange, Cultural Center of the Philippines, Bankers Association of the Philippines, Philippine National Construction Corporation, and San Miguel Corporation.
Emmaus Life Sciences Reports Annual Financial Results for 2020 and Provides Updated Business Review Net Revenues Increased Despite COVID-19 Pandemic-Related Challenges Improved Overall Operating Results and Net Income vs. Net Loss in 2019
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TORRANCE, Calif., May 4, 2021 /PRNewswire/
Emmaus Life Sciences, Inc. (OTC: EMMA), a commercial-stage biopharmaceutical company and leader in the treatment of sickle cell disease, announced today its financial results for the year ended December 31, 2020 as reported in its Annual Report on Form 10-K filed with the Securities and Exchange Commission ( SEC ).
Financial Results for the Year Ended December 31, 2020
Net revenues for 2020 were $23.2 million compared to $22.8 million in 2019, an increase of 2%. While there was a decrease in industry-wide prescriptions due to the COVID-19 pandemic and other related challenges in 2020, the company s increase in net revenues was primarily attributa
Published April 27, 2021, 3:35 PM
Lucio Tan-led Philippine National Bank said its stockholders can expect to gain from its disposal of low-earning assets through their stake in PNB Holdings Corporation which will be listed at the Philippine Stock Exchange after being distributed as property dividends.
At bank’s Annual Stockholders Meeting, PNB President Wick Veloso said “We are already doing preparatory work for the listing by way of introduction. At this stage, we cannot provide a definite timeline for the listing as this involves regulatory approvals. However the listing is a priority of PNB.”
PNB President and CEO Arnulfo “Wick” Veloso
The bank said it is pursuing plans to dispose its low-earning assets, strengthen its capital position and improve its ability to generate more revenues in the years to come.
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