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+ Follow FINANCIAL AND STRATEGIC RESTRUCTURING ADVISORY INC Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 255839 [Title] => Capwire trims losses to P20M, expects to be back in the black this yr [Summary] => Capwire Telecommunications expects to trim down its losses from P100 million in the last fiscal year, to P20 million for the current fiscal year, a top company official said.
Capwire president Epitacio Marquez told The STAR that the company also expects to be in the black by the new fiscal year starting June 1, 2004, mainly due to increasing profits from data services, which now account for about 35 percent of revenues compared to about 30 percent last year.
[DatePublished] => 2004-06-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 255707 [Title] => Capwire seeks more time to settle P730-M loans; 3rd party adviser eyed [Summary] => Capwire Telecommunications is asking its creditors to give it more time to pay the interest and principal on about P730 million in loans, following external events that adversely affected the companys profitability.
Capwire senior vice president and chief finance officer Joel Aguilar told The STAR that they are preparing a new business and financial restructuring plan that will reflect the change in assumptions brought about by the Sept. 11 tragedy in the US and the access charge problem with the US last year.
[DatePublished] => 2004-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
FINANCIAL AND STRATEGIC RESTRUCTURING ADVISORY INC
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 255839 [Title] => Capwire trims losses to P20M, expects to be back in the black this yr [Summary] => Capwire Telecommunications expects to trim down its losses from P100 million in the last fiscal year, to P20 million for the current fiscal year, a top company official said.
Capwire president Epitacio Marquez told The STAR that the company also expects to be in the black by the new fiscal year starting June 1, 2004, mainly due to increasing profits from data services, which now account for about 35 percent of revenues compared to about 30 percent last year.
[DatePublished] => 2004-06-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 255707 [Title] => Capwire seeks more time to settle P730-M loans; 3rd party adviser eyed [Summary] => Capwire Telecommunications is asking its creditors to give it more time to pay the interest and principal on about P730 million in loans, following external events that adversely affected the companys profitability.
Capwire senior vice president and chief finance officer Joel Aguilar told The STAR that they are preparing a new business and financial restructuring plan that will reflect the change in assumptions brought about by the Sept. 11 tragedy in the US and the access charge problem with the US last year.
[DatePublished] => 2004-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
June 30, 2004 - 12:00am
June 29, 2004 - 12:00am
Recommended
A businessman, tagged as a suspect in the shooting of three people in Calapan City, including the assistant Land Transportation Office district chief, surrendered to the National Bureau of Investigation in Oriental Mindoro yesterday.
5 hours ago
Sen. Sherwin Gatchalian yesterday belied reports that he was involved in the illegal entry of a Cadillac Escalade at the Edsa bus lane on Sunday night.
1 day ago
A heated argument over a routine Land Transport Office checkpoint inspection led to the shooting of the LTO assistant district chief in Calapan, Oriental Mindoro and two businessmen, one of whom succumbed to a gunshot wound.
1 day ago
Describing himself as a law-abiding public servant, Sen. Sherwin Gatchalian broke his silence yesterday about the involvement of his family in the Cadillac vehicle with a Senate protocol plate that illegally entered the EDSA busway.
2 days ago
The luxury vehicle bearing the Senate protocol plate “7” that was flagged down along the EDSA bus lane is a vehicle registered with the Gatchalians, according to the Land Transportation Office.
3 days ago
Lotto Nov 9, 2024
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February 12, 2018
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