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Property developer Philippine Realty and Holdings Corp. (Philrealty) expects to cut its debt to just P60 million by the end of the year through payment-in-kind scheme, a move seen to expedite its exit from rehabilitation.
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                    [Title] => Union Bank net income up 15.5% to P2.9B in 2007
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                    [AuthorName] =>  Ted P. Torres
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                    [Title] => UnionBank, iBank merger opens loan doors for SMEs
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                    [Title] => Union Bank net income up 58% to P4.05B in January-September
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                    [Title] => Union Bank profit jumps 58% to P2.57B
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                    [Title] => Union Bank doubles net income to P2.16B
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                    [Title] => Myanmar pro-democracy activists rally in Yangon
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                    [Title] => Union Bank doubles net income to P1.63B in 1st qtr
                    [Summary] => 





The Union Bank of the Philippines (Union Bank) reported a net income of P1.63 billion in the first quarter of 2007, double the P792 million recorded in the same period last year.


The bank said net interest income increased 54.6 percent, while fees and commissions rose 55.6 percent, and trading gains went up 57 percent.


Asset base expanded by more than P100 billion to P207.6 billion in March 2007.


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                    [Title] => AEV income up 19% in 2006
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Aboitiz Equity Ventures, Inc. (AEV) ended 2006 with a net income of P3.754 billion, a 19% increase from its 2005 net income. This translates to earnings per share (EPS) of P0.76. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 5% to P6.87 billion.


AEV posted a strong 4th quarter in 2006, earning a net income of P1.34 billion, a 124% jump from the same period in 2005. This includes some nonrecurring income from gains on sale of certain assets in the company's transport and food businesses.


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                    [Title] => Aboitiz Equity earnings up 19% to P3.75B in ’06
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Aboitiz Equity Ventures Inc. (AEV), the listed investment holding company  of the Aboitiz family, said its earnings grew 19 percent last year to P3.75 billion, boosted by asset sales.


 In a filing with the Philippine Stock Exchange, AEV said the net profit translates to earnings per share (EPS) of 76 centavos. Earnings before interest, taxes, depreciation and amortization (EBITDA), on the other hand, went up by five percent to P6.87 billion.


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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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INTERNATIONAL EXCHANGE BANK

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                    [Title] => Union Bank doubles net income to P1.63B in 1st qtr
                    [Summary] => 





The Union Bank of the Philippines (Union Bank) reported a net income of P1.63 billion in the first quarter of 2007, double the P792 million recorded in the same period last year.


The bank said net interest income increased 54.6 percent, while fees and commissions rose 55.6 percent, and trading gains went up 57 percent.


Asset base expanded by more than P100 billion to P207.6 billion in March 2007.


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                    [ColumnID] => 133272
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                    [Title] => AEV income up 19% in 2006
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Aboitiz Equity Ventures, Inc. (AEV) ended 2006 with a net income of P3.754 billion, a 19% increase from its 2005 net income. This translates to earnings per share (EPS) of P0.76. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 5% to P6.87 billion.


AEV posted a strong 4th quarter in 2006, earning a net income of P1.34 billion, a 124% jump from the same period in 2005. This includes some nonrecurring income from gains on sale of certain assets in the company's transport and food businesses.


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                    [Title] => Aboitiz Equity earnings up 19% to P3.75B in ’06
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Aboitiz Equity Ventures Inc. (AEV), the listed investment holding company  of the Aboitiz family, said its earnings grew 19 percent last year to P3.75 billion, boosted by asset sales.


 In a filing with the Philippine Stock Exchange, AEV said the net profit translates to earnings per share (EPS) of 76 centavos. Earnings before interest, taxes, depreciation and amortization (EBITDA), on the other hand, went up by five percent to P6.87 billion.


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                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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abtest

Philrealty expects to cut debt by yearend

October 22, 2009 - 12:00am

Property developer Philippine Realty and Holdings Corp. (Philrealty) expects to cut its debt to just P60 million by the end of the year through payment-in-kind scheme, a move seen to expedite its exit from reha...

Business

Union Bank net income up 15.5% to P2.9B in 2007

By Ted P. Torres | February 28, 2008 - 12:00am

Business

UnionBank, iBank merger opens loan doors for SMEs

By Ehda Dagooc | February 26, 2008 - 12:00am

Freeman Cebu Business

Union Bank net income up 58% to P4.05B in January-September

By Ted P. Torres | November 18, 2007 - 12:00am

Business

Union Bank profit jumps 58% to P2.57B

By Ted P. Torres | October 29, 2007 - 12:00am

Business

Union Bank doubles net income to P2.16B

By Ted P. Torres | August 5, 2007 - 12:00am

Business

Myanmar pro-democracy activists rally in Yangon

May 27, 2007 - 6:31pm

Business

Union Bank doubles net income to P1.63B in 1st qtr

By Ted P. Torres | May 11, 2007 - 12:00am

The Union Bank of the Philippines (Union Bank) reported a net income of P1.63 billion in the first quarter of 2007, double the P792 million recorded in the same period last year. The bank said net interest...

Business

AEV income up 19% in 2006

March 10, 2007 - 12:00am

Aboitiz Equity Ventures, Inc. (AEV) ended 2006 with a net income of P3.754 billion, a 19% increase from its 2005 net income. This translates to earnings per share (EPS) of P0.76. Earnings before interest, taxes,...

Freeman Cebu Business

Aboitiz Equity earnings up 19% to P3.75B in ’06

By Zinnia B. Dela Peña | March 1, 2007 - 12:00am

Aboitiz Equity Ventures Inc. (AEV), the listed investment holding company of the Aboitiz family, said its earnings grew 19 percent last year to P3.75 billion, boosted by asset sales. In a filing with the...

Business