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                    [ArticleID] => 203572
                    [Title] => Prudential Plans suffers income drop  due to eco slowdown, new SEC rules
                    [Summary] => Prudential Plans Inc. expects its earnings to  decline in 2002 from  P250 million in 2001, due in part to  a slowdown in the economy and new Securities and Exchange Commission (SEC) regulations which include a sharp increase in capitalization and trust funds.


"On the interim, we are looking at a conservative net income in the vicinity of P150 million," Prudential Plan president  Jose Alberto T. Alba  said yesterday.


Prudential Plans, however, managed to increase its sales for the first two months of the year.


                    [DatePublished] => 2003-04-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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PRUDENTIAL PLAN

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                    [Title] => Prudential Plans suffers income drop  due to eco slowdown, new SEC rules
                    [Summary] => Prudential Plans Inc. expects its earnings to  decline in 2002 from  P250 million in 2001, due in part to  a slowdown in the economy and new Securities and Exchange Commission (SEC) regulations which include a sharp increase in capitalization and trust funds.


"On the interim, we are looking at a conservative net income in the vicinity of P150 million," Prudential Plan president  Jose Alberto T. Alba  said yesterday.


Prudential Plans, however, managed to increase its sales for the first two months of the year.


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                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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abtest

Prudential Plans suffers income drop due to eco slowdown, new SEC rules

By Ted P. Torres | April 24, 2003 - 12:00am

Prudential Plans Inc. expects its earnings to decline in 2002 from P250 million in 2001, due in part to a slowdown in the economy and new Securities and Exchange Commission (SEC) regulations which include a sharp...

Business