Pilipinas Shell returns to profitability in H1 cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
The real estate investment trust (REIT) raised ₱12.58 billion in its maiden offering on Thursday, which involved 1.63 billion common shares with an over-allotment option of up to 163.4 million shares sold at ₱7 apiece.
Gokongwei-led conglomerate JG Summit Holdings saw its core net income jumped 19% to ₱1.7 billion in the first half of 2021 as other business units cushioned the poor performance of its aviation line.
Filinvest REIT raises ₱12 58B in PSE debut cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
endIndex:
Metro Manila (CNN Philippines, August 5) The property giant led by tycoon Andrew Tan-led saw signs of recovery in the second quarter, but the COVID-19 situation still dampened Megaworld Corp. s overall first-half performance.
A financial report disclosed to the Philippine Stock Exchange on Thursday showed that Megaworld s net profit attributable to the company s shareholders fell by 7.4% to ₱5 billion in the first six months of 2021 versus the ₱5.40 billion a year ago.
Consolidated revenues also decreased to ₱22.17 billion from the ₱23.79 billion generated a year ago. The listed firm noted netting out the impact of interest and other income, revenues posted ₱20.6 billion.