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                    [Title] => Lorenzo group spins off plastic manufacturing unit
                    [Summary] => 
The Lorenzo-led Macondray Plastics Inc. is spinning off its plastics manufacturing operations into a new wholly owned unit as it seeks other investment opportunities.
                    [DatePublished] => 2009-09-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => Macondray Plastics logs 22.4% income growth
                    [Summary] => 

Macondray Plastics Inc. (MPI) reported a 22.4-percent growth in its net income in the first half this year to P10.6 million from P8.66 million the previous  year, largely due to higher revenues.


Based on its financial report filed with the Securities and Exchange Commission, sales revenues of MPI grew 26 percent to P199.8 million from P158.6 million 


About 39.1 percent of MPI’s revenues were generated from the sale of export packaging products which marked a 65-percent increase from the year-ago level of P78.2 million 


                    [DatePublished] => 2006-08-10 00:00:00
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AGRO PLASTICS INC

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                    [ArticleID] => 506727
                    [Title] => Lorenzo group spins off plastic manufacturing unit
                    [Summary] => 
The Lorenzo-led Macondray Plastics Inc. is spinning off its plastics manufacturing operations into a new wholly owned unit as it seeks other investment opportunities.
                    [DatePublished] => 2009-09-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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            [1] => Array
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                    [ArticleID] => 351866
                    [Title] => Macondray Plastics logs 22.4% income growth
                    [Summary] => 

Macondray Plastics Inc. (MPI) reported a 22.4-percent growth in its net income in the first half this year to P10.6 million from P8.66 million the previous  year, largely due to higher revenues.


Based on its financial report filed with the Securities and Exchange Commission, sales revenues of MPI grew 26 percent to P199.8 million from P158.6 million 


About 39.1 percent of MPI’s revenues were generated from the sale of export packaging products which marked a 65-percent increase from the year-ago level of P78.2 million 


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abtest

Lorenzo group spins off plastic manufacturing unit

By Zinnia B. Dela Peña | September 21, 2009 - 12:00am

The Lorenzo-led Macondray Plastics Inc. is spinning off its plastics manufacturing operations into a new wholly owned unit as it seeks other investment opportunities.

Business

Macondray Plastics logs 22.4% income growth

August 10, 2006 - 12:00am

Macondray Plastics Inc. (MPI) reported a 22.4-percent growth in its net income in the first half this year to P10.6 million from P8.66 million the previous year, largely due to higher revenues. Based on its...

Business