Corporate Earnings

by Ben O. de Vera, Inquirer, Jan 22, 2018 Even as the planned cut in corporate income tax rates will depend on the revenue gains of the second tax reform package, Finance Secretary Carlos G. Dominguez III expressed confidence that investors will understand the government’s thrust of balancing the grant of fiscal perks.

MANILA, Philippines – Combined earnings of all locally-listed firms climbed in the first quarter on strong performance of the retail, banking and infrastructure sectors.

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.

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.

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…

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.

“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.