DoubleDragon Reports Strong Booking Performance at Hotel101-Madrid
DoubleDragon Corporation's subsidiary, Hotel101 Global, has reported over 45,000 hotel night bookings at its newly opened 680-room Hotel101-Madrid, generating approximately Php 387 Million in revenues. This strong performance is indicative of the hotelβs potential for continued revenue generation in the European market.
PAL Holdings Reports Q1 2026 Revenue Growth and Profitability
PAL Holdings, Inc. announced its Q1 2026 results, highlighting a net income of US$78.55 million, up 2.6% year-on-year, and total revenues of US$895.70 million, up 9.7%. The results reflect strong passenger demand and improved cargo revenues despite challenges from geopolitical tensions affecting the aviation sector.
Phinma Corporation Announces Initiatives to Expand Access to Essential Services
Phinma Corporation has unveiled a series of initiatives aimed at expanding its businesses and improving access to essential services for underserved communities in the Philippines. This includes acquisitions in education, expansions in cement production, and developments in housing and hospitality.
Phinma Corporation Appoints Three New Vice Presidents
Phinma Corporation has appointed three internal leaders to Vice President roles, enhancing its leadership team. This move underscores the company's commitment to developing talent from within and aims to strengthen its organizational capabilities.
Pryce Corporation Reports Steady Growth for 1Q-2026
Pryce Corporation achieved a consolidated net income of β±1.084 billion for the first quarter of 2026, reflecting a slight increase from β±1.062 billion in the same period last year. Total revenues rose to β±5.98 billion, driven by growth in core business segments, particularly liquefied petroleum gases and industrial gases.
PLDT Inc. has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission. This filing is a routine compliance measure for companies listed on U.S. exchanges.
SM Prime Reports Q1 Net Income of P11.66 Billion, Driven by Recurring Income
SM Prime Holdings, Inc. reported a first-quarter net income of P11.66 billion, slightly up from P11.65 billion a year earlier. The increase in rental income and other revenues helped offset a decline in real estate sales.
BDO Unibank Reports P87.2 Billion Net Income for 2025 and P20.1 Billion for Q1 2026
BDO Unibank, Inc. announced a net income of P87.2 billion for the year 2025 and P20.1 billion for the first quarter of 2026, reflecting a year-on-year increase. The bank reported a Return on Common Equity (ROCE) of 14.4% for 2025 and 12.8% for Q1 2026.
Philippine National Bank Reports β±6.37 Billion Net Income in 1Q 2026
Philippine National Bank (PNB) reported a net income of β±6.37 billion for the first quarter of 2026, reflecting a 5% year-on-year increase. The growth was driven by higher loan volumes and disciplined expense management, despite a challenging interest-rate environment.
Union Bank Reports P3.8 Billion Net Income for 1Q2026, Up 167% Year-on-Year
Union Bank of the Philippines announced a net income of P3.8 billion for the first quarter of 2026, reflecting a significant year-on-year increase of 167%. This growth is attributed to strong core business performance and an expanding customer base.
Megaworld Corporation to Build Ilocandia Beach Club in Laoag City
Megaworld Corporation announced plans to develop the Ilocandia Beach Club in its Ilocandia Coastown township, following the success of its beachside residential village. This development aims to enhance the township's appeal as a premier destination in Ilocos Norte.
Belle Corporation Reports 13% Increase in Q1 Profit
Belle Corporation announced a consolidated net income of Php524 million for the first quarter of 2026, a 13% increase from Php462 million in the same period last year. This growth was driven by a 9% rise in total revenues to Php1.42 billion, indicating strong performance across its core operations.
Filinvest Development Corporation Announces Cash Dividends
Filinvest Development Corporation's Board of Directors approved a cash dividend of Php 0.14027 per share, totaling Php 1,213 million, for shareholders of record as of May 12, 2026. This reflects a 3.1 percent yield based on the company's end-December 2025 share price.
BDO Unibank Reports β±20.1 Billion Net Income in Q1 2026
BDO Unibank, Inc. announced a net income of β±20.1 billion for the first quarter of 2026, representing a 2% increase from β±19.7 billion in Q1 2025. The growth was supported by strong performance in core businesses, with notable improvements in asset quality and capital position.
Filinvest Land Reports Php25.9 Billion Revenue and Php4.81 Billion Net Income
Filinvest Land, Inc. announced its financial results for 2025, showing a 6% growth in revenue to Php25.9 billion and a 4% increase in net income to Php4.81 billion. The company also declared a cash dividend of Php0.05 per share, maintaining the previous year's payout level.
China Banking Corporation announced a profit of P6.8 billion for the first quarter of 2026. This increase in profit is a positive indicator of the bank's financial performance during this period.
MREIT Reports Record Q1 2026 Distributable Income of P1.25B
MREIT, Inc. announced a record distributable income of P1.25 billion for the first quarter of 2026, representing a 34% increase compared to the previous period. This growth indicates strong operational performance and may enhance investor confidence.
East West Banking Corporation Declares Php 1.8B Dividends Following 21% Net Income Growth
East West Banking Corporation reported a net income of Php 9.2 billion for 2025, reflecting a 21% increase year-on-year. The bank declared a cash dividend of Php 1.8 billion, equivalent to Php 0.82 per share, to be paid to shareholders on record as of May 11, 2026.
Cebu Landmasters Opens First Radisson RED Hotel in the Philippines
Cebu Landmasters, Inc. has launched the Radisson RED Cebu Mandaue, marking the first Radisson RED hotel in the Philippines. This Php 1.99 billion development expands the company's hospitality portfolio and aims to enhance its recurring income base.
Megaworld to Turn Over P21-B Worth of Properties in 2026
Megaworld Corporation announced plans to turn over properties valued at approximately P21 billion this year, reinforcing its market leadership in the Philippine real estate sector. This includes residential and commercial developments in key locations across the country.