Company Overview and News
The use of price multiples to determine the relative value of a stock is not uncommon in the investment community. (20-0)
MANILA, Philippines — JG Summit Holdings Inc., the conglomerate of the Gokongwei family, reported a core net income of P22.69 billion from January to September, a slight increase from the P22.63 billion posted a year ago. (10-0)
HIGHER FUEL PRICES in its airline business alongside foreign exchange losses pulled down JG Summit Holdings, Inc.’s earnings attributable to the parent in the first nine months of 2017. (7-0)
MANILA, Philippines — Net income of the operator of Cebu Pacific and Cebgo declined 38 percent in the first nine months as it incurred higher expenses due to the increase in fuel prices and weakening of the peso. (6-0)
The operator of budget airline Cebu Pacific Air saw its profit fall in the first nine months of the year, citing a combination of higher fuel prices and the weakening of the peso. (1-0)
CEBU Air, Inc. reported P42.1 million in profit in the third quarter, reversing last year’s losses. (1-0)
MANILA, Philippines — Cebu Air, the operator of Cebu Pacific airline, is reviewing its fuel hedging policy and may even completely move away from hedging, taking its cue from bigger American and Chinese airlines, which have done better without it. (1-0)
MANILA, Philippines — The operator of budget carrier Cebu Pacific is seeking entitlements to Hong Kong as well as Bali in Indonesia. (1-0)
ILOILO GOVERNOR Arthur D. Defensor, Sr. said officials of Cebu Air, Inc. and the Civil Aviation Authority of the Philippines (CAAP) owe it to the public to give an explanation on the runway incident last Oct. 13 that kept the Iloilo International Airport closed for almost three days. “They need to brief the people of the city and province of Iloilo as to the reason for the incident and why it took them longer time to extract the plane,” Mr. (1-0)
The Entrepreneur Of The Year Philippines 2017 has concluded its search for the country’s most successful, inspiring entrepreneurs. Entrepreneur Of The Year Philippines is a program of the SGV Foundation, Inc. with the participation of co-presenters Department of Trade and Industry, the Philippine Business for Social Progress, and the Philippine Stock Exchange. In the next few weeks, BusinessWorld will feature each of the finalists for the Entrepreneur Of The Year Philippines 2017. (8-0)
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The local stock barometer stayed afloat the 8,000 mark yesterday ahead of the release of the country’s second quarter economic scorecard.
The local stock barometer stayed afloat the 8,000 mark on Wednesday ahead of the release of the country’s second quarter economic scorecard.
MANILA, Philippines - The Board of Investments (BOI) will extend incentives to Cebu Air Inc.’s P6.1- billion air transport project under the public infrastructure and logistics activity of the new investment priorities plan.
Gokongwei-led conglomerate JG Summit Holdings’ first semester core net profit was flat at P15.95 billion from the previous year, weighed down by slower earnings from the airline business alongside some foreign exchange and hedging losses.
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