Shakey's Reports 14% Sales Growth in 1Q26 Despite Decline in Core Net Income
Shakey's Pizza Asia Ventures, Inc. achieved a 14% increase in systemwide sales to Php 6.4 billion in 1Q26, driven by store expansion. However, core net income fell by 17% to Php 134 million due to ongoing investments and weak consumer spending.
Cebu Landmasters, Inc. Reports Php6B Revenues in 1Q2026, Up 20%
Cebu Landmasters, Inc. posted consolidated revenues of Php6 billion in the first quarter of 2026, a 20% increase from Php5 billion in the same period last year. The growth was driven by higher residential revenue recognition and a strong performance in recurring income streams.
Security Bank Reports 24% Growth in Pre-Provision Operating Profit for Q1-2026
Security Bank Corporation announced a 24% increase in pre-provision operating profit for the first quarter of 2026. Revenues reached PHP 17 billion, reflecting a 10% year-on-year growth, while net profit stood at PHP 2.7 billion.
D.M. Wenceslao & Associates Reports PHP550 Million Net Income for 1Q2026
D.M. Wenceslao & Associates, Incorporated reported a net income of PHP550 million for the first quarter of 2026, driven by strong recurring revenues from its integrated estate platform. The company maintains a solid financial position with a low debt-to-equity ratio and significant net cash.
JG Summit Holdings Reports 7% Revenue Growth and 9% Increase in Operating Profits for 1Q26
JG Summit Holdings, Inc. achieved consolidated revenues of Php99.9 billion in the first quarter of 2026, reflecting a 7% increase year-on-year. Operating profits rose by 9% to Php17.1 billion, driven by strong performance across its air transport, branded foods, and real estate segments.
Shell Pilipinas Reports 1Q 2026 Results Amid Market Volatility
Shell Pilipinas Corporation reported core earnings of Php108 million for the first quarter of 2026, impacted by market volatility and competitive conditions. Despite these challenges, total volumes grew by 2%, indicating some resilience in performance.
DoubleDragon Corporation Announces Tender Offer for MerryMart Shareholders
DoubleDragon Corporation has announced a tender offer to acquire MerryMart Consumer Corp. shares at Php 0.48 per share, which is 20% higher than MerryMart's current trading price. This acquisition is part of DoubleDragon's strategy to transition into a diversified investment holding company and aims to increase its total equity base to Php 500 Billion.
SM Prime Holdings to Open SM Seaside Cebu Arena in June 2026
SM Prime Holdings, Inc. announced that its SM Seaside Cebu Arena is on track to open in June 2026. This venue, designed for live entertainment and sports, aims to enhance tourism and economic activity in Cebu.
Bank of Commerce Reports 13% Growth in 1Q26 Net Income
Bank of Commerce announced an unaudited net income of P976.19 million for the first quarter of 2026, reflecting a 13% increase compared to the same period last year. This growth is attributed to strong core revenue streams, despite market volatility.
AREIT, Inc. Reports 25% Growth in Q1 Income and Declares Dividends
AREIT, Inc. announced a 25% increase in net income for the first quarter of 2026, reaching P2.6 billion, alongside a dividend declaration of P0.62 per share. This growth is attributed to contributions from newly acquired properties and stable performance from its existing portfolio.
Bank of Commerce Reports 13% Growth in Q1 2026 Net Income
Bank of Commerce announced an unaudited net income of P976.19 million for the first quarter of 2026, reflecting a 13% increase compared to the same period last year. This growth is attributed to strong core revenue streams despite market volatility.
Cebu Air, Inc. announced a 10% increase in total revenue for Q1 2026, driven by higher passenger volume and improved operational efficiency. Despite a net loss due to foreign exchange losses, the airline's core profitability showed significant improvement.
Ayala Corporation Reports Flat Core Profit of ₱11.2 Billion in 1Q26
Ayala Corporation's core net income remained steady at ₱11.2 billion in the first quarter of 2026, supported by higher earnings from BPI and Globe, despite lower contributions from Ayala Land and other business units. The company reported a net income of ₱12 billion, reflecting a 5% decline due to a high base from the previous year.
Cebu Landmasters Partners with GV Sports to Launch P100-Million Sports Facility
Cebu Landmasters, Inc. has announced a joint venture with GV Sports Facilities Corp. to develop a P100-million sports and lifestyle facility in Cebu, named Masters Ballpark by Gameville. This facility aims to enhance the sports infrastructure in Cebu and is set to open in December 2026.
Converge Information and Communications Technology Solutions, Inc.
Press Release
Converge Reports 1Q2026 Financial Results with Revenue Growth and Strong Margins
Converge Information and Communications Technology Solutions, Inc. reported consolidated revenues of P11.2 billion for 1Q2026, representing a growth of 3.7% year-over-year. The company achieved a strong EBITDA margin of 61.8% and net income after tax of P3.0 billion, reflecting its operational resilience and commitment to growth.
Globe Telecom Reports 1Q 2026 Financial and Operating Results
Globe Telecom, Inc. has released its financial and operating results for the first quarter of 2026. This disclosure is significant as it provides insights into the company's performance and operational metrics during this period.
GT Capital Donates 15 Hectares for New Ateneo Campus in Cavite
GT Capital Holdings, Inc. has donated a 15-hectare parcel of land to Ateneo de Manila University for a new campus in Cavite. This initiative aims to enhance access to quality education in the region, following a prior agreement in October 2025.
Jollibee Foods Corporation reported a 10.3% year-on-year increase in systemwide sales for Q1 2026, reaching Php113.9 billion. Despite elevated input costs impacting profitability, the company opened 181 new stores globally, indicating continued expansion and resilience in consumer demand.
Phinma Corporation Reports ₱5.45 Billion Revenues and ₱892.28 Million Income for Q1 2026
Phinma Corporation announced consolidated revenues of ₱5.45 billion and a net income of ₱892.28 million for the first quarter of 2026. The strong performance was driven by Phinma Education and higher earnings from its solar energy and hospitality segments.
ACEN Corporation Reports 50% Increase in Q1 2026 Net Income to P2.9 Billion
ACEN Corporation achieved a consolidated net income of P2.9 billion for Q1 2026, a 50% increase year-on-year, driven by strong contributions from international operations and the recovery of wind operations in the Philippines. The results were bolstered by P1.5 billion in net one-off gains, although core net income declined 27% to P1.4 billion when excluding these items.
