Dennis Uy steps down as Dito Tel CEO
Dennis Uy remains as Dito Tel chairman as Eric Alberto assumes the role of CEO
Source: rappler.com
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Dito names new chief executive • Lorenz S. Marasigan
Dito Telecommunity Corp. has appointed Ernesto “Eric” R. Alberto as its new president and CEO. Alberto, who held the same position for parent company Dito CME Holdings Corp., replaces Dennis A. Uy who remains chairman of Dito Telecommunity. Dito CME COO Donald Patrick L. Lim is simultaneously appointed as DITO CME president in an acting
Source: businessmirror.com.ph
Auditors raise concerns over Dennis Uy's Dito
Dito CME’s liabilities in 2022 exceed its current assets by P196.6 billion, a condition which indicates the 'existence of a material uncertainty that may cast significant doubt' on the company's financials
Source: rappler.com
"Material uncertainty" about DITO's ability to survive 2023
Put plainly, GT thinks that it is not certain that DITO will avoid going bankrupt in 2023.
Source: philstar.com
Stock Commentary: DITO forex losses climb to P6-B in Q3
The point is that it’s not like DITO just has to survive for a few more years before it passes through some magical barrier where costs fall dramatically and profits start to skyrocket.
Source: philstar.com