News Formal

Lopezes' FPH earnings climb to P12.7B in 2022

  • 📰 TheManilaTimes
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 92%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

LOPEZ-LED First Philippine Holdings Corp.

saw its net income climb by 26 percent last year to P12.70 billion from P10.0 billion in 2021.The increase was said to have been driven by the strong performance of its major business segments: power generation, real estate, construction and energy solutions.Total revenues amounted to P170.39, higher than the P125.10 billion recorded in the previous year.

Higher electricity sales following an increase in generation and average selling prices of the First Gen group, improved sales bookings and the completion of residential development projects under Rockwell Land were said to be responsible.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NTF-ELCAC: Only 136 of 846 farm-to-market road projects completed in 2022A total of 136, or less than 20%, of the 846 farm-to-market roads under the Barangay Development Program were completed last year, the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) said Thursday.
Source: gmanews - 🏆 11. / 68 Read more »