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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 288605 [Title] => Aboitiz Equity earnings up 40% to P1.72B in 1st half [Summary] => Aboitiz Equity Ventures Inc. (AEV) posted a net income of P1.72 billion in the first six months this year, a 40-percent increase from its earnings in the same period in 2004.
This represents earnings per share of P0.36. The company reported that earnings before interest, taxes, depreciation and amortization (EBITDA) improved by 20 percent to P3.38 billion.
AEV noted a strong second quarter growth coming from its four business groups, especially its power and banking units that contributed to a net income of P1.09 billion, a 38- percent increase year-on-year.
[DatePublished] => 2005-07-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PILMICO FOODS GROUP
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 288605 [Title] => Aboitiz Equity earnings up 40% to P1.72B in 1st half [Summary] => Aboitiz Equity Ventures Inc. (AEV) posted a net income of P1.72 billion in the first six months this year, a 40-percent increase from its earnings in the same period in 2004.
This represents earnings per share of P0.36. The company reported that earnings before interest, taxes, depreciation and amortization (EBITDA) improved by 20 percent to P3.38 billion.
AEV noted a strong second quarter growth coming from its four business groups, especially its power and banking units that contributed to a net income of P1.09 billion, a 38- percent increase year-on-year.
[DatePublished] => 2005-07-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Rocel Felix | July 28, 2005 - 12:00am
Recommended
President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
5 days ago
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