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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 


                    [DatePublished] => 2006-08-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 308064
                    [Title] => Macondray to build P350-M plastics plant
                    [Summary] => Macondray Plastics Inc. (MPI) has earmarked P350 million for the construction of a new plastics plant in Davao.


MPI chairman Martin Lorenzo said the plant, which will be the company’s third, will be operational in  February 2006.


The company’s main facility is located in Panacan,  Davao  while the second facility is located in Panabo,  Davao Del Norte.


Lorenzo said the new plant will boost production  capacity by 60 to 70 percent of the existing capacity.


                    [DatePublished] => 2005-11-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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LAPANDAY GROUP

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    [results] => 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 


                    [DatePublished] => 2006-08-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 308064
                    [Title] => Macondray to build P350-M plastics plant
                    [Summary] => Macondray Plastics Inc. (MPI) has earmarked P350 million for the construction of a new plastics plant in Davao.


MPI chairman Martin Lorenzo said the plant, which will be the company’s third, will be operational in  February 2006.


The company’s main facility is located in Panacan,  Davao  while the second facility is located in Panabo,  Davao Del Norte.


Lorenzo said the new plant will boost production  capacity by 60 to 70 percent of the existing capacity.


                    [DatePublished] => 2005-11-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

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

Macondray to build P350-M plastics plant

By Zinnia B. Dela Peña | November 23, 2005 - 12:00am

Macondray Plastics Inc. (MPI) has earmarked P350 million for the construction of a new plastics plant in Davao. MPI chairman Martin Lorenzo said the plant, which will be the company’s third, will be operational...

Business