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                    [Title] => Benpres incurs lower loss in 2004
                    [Summary] => Benpres Holdings Corp., the investment holding firm of the Lopez family, incurred a net loss of P1.36 billion last year, a 28 percent drop from the previous year’s P1.905 billion net loss.


Benpres, however, reported a 22 percent drop in consolidated revenues to P3.905 billion from P5.006 billion due to a 46 percent decline in foreign currency differential adjustment with the reclassification of charges in water utility Maynilad Water Services Inc.


                    [DatePublished] => 2005-04-17 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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MANANSALA AND JOYA

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                    [Title] => Benpres incurs lower loss in 2004
                    [Summary] => Benpres Holdings Corp., the investment holding firm of the Lopez family, incurred a net loss of P1.36 billion last year, a 28 percent drop from the previous year’s P1.905 billion net loss.


Benpres, however, reported a 22 percent drop in consolidated revenues to P3.905 billion from P5.006 billion due to a 46 percent decline in foreign currency differential adjustment with the reclassification of charges in water utility Maynilad Water Services Inc.


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Benpres incurs lower loss in 2004

By Zinnia B. Dela Peña | April 17, 2005 - 12:00am

Benpres Holdings Corp., the investment holding firm of the Lopez family, incurred a net loss of P1.36 billion last year, a 28 percent drop from the previous year’s P1.905 billion net loss. Benpres, however,...

Business