News Formal

MPIC likely posted higher Q3 earnings despite challenges

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 55%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

A top MPIC executive said over the weekend core subsidiaries—toll road, water and power—registered strong volume in the third quarter amid rising costs. READ:

A top MPIC executive said over the weekend core subsidiaries—toll road, water and power—registered strong volume in the third quarter amid rising costs.The executive said with the strong third-quarter results, the group remained “on track” to meet the 2022 core net income target. The company is set to report its third-quarter income next month.

Power accounted for P5.9 billion or 60 percent of net operating income. This was followed by toll roads which contributed P2.5 billion and water which accounted for P1.4 billion. The conglomerate recently expanded into agriculture sector with the acquisition of a 51-percent interest in The Laguna Creamery Inc., the company behind The Carmen’s Best Ice Cream.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 20. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

MPIC is ‘Finance for the Future’ winnerInfrastructure investment company Metro Pacific Investments Corporation, recently won the Finance for the Future Award for embedding an integrated approach (listed companies) at the 10th Finance for the Future Awards. READ:
Источник: MlaStandard - 🏆 20. / 55 Прочитайте больше »