MANILA, Philippines – Earnings of universal and commercial banks operating in the Philippines surged 31 percent despite booking foreign exchange losses amounting to P5.87 billion as 2010 emerged as a banner year for the country’s banking industry on the back of higher interest and non-interest income, data from the Bangko Sentral ng Pilipinas (BSP) showed. Read the rest of this entry »
Commercial banks post 31% earnings growth
March 31, 2011
Listed firms’ earnings grow to P232B in 1st half
October 21, 2010
The combined net earnings of listed firms in the first half of 2010 increased by 20.1 percent to P232.2 billion from P193.36 billion year-on-year while consolidated revenues of listed companies also rose by 20.1 percent, reaching P1.57 trillion as compared with P1.31 trillion in the previous year. Read the rest of this entry »
Listed firms’ 1H earnings rose a fifth, says PSE
October 20, 2010
The combined net income of listed firms grew a fifth in the first six months because of the strong performance of the economy, according to the local bourse. In a statement, the Philippine Stock Exchange(PSE) said the combined earnings of listed companies jumped 20.1 percent to P232.2 billion from P193.36 billion during the same six-month period last year. Read the rest of this entry »
PSE-listed firms’ earnings surge to P137 billion in first quarter
July 21, 2010
MANILA, Philippines – The aggregate net earnings of listed firms in the first quarter this year surged 113.9 percent on improved performances across all sectors, data released by the Philippine Stock Exchange (PSE) showed. Read the rest of this entry »
‘Fantastic’ earnings to push stock mart higher
June 3, 2010
“Fantastic” corporate earnings in the Philippines will drive stock valuations back toward levels in December, when multiples touched the highest in almost two years, according to ATR KimEng Asset Management Inc. Read the rest of this entry »
