Latest Market News

Stay updated with the latest news about dividends, earnings, and corporate actions in the Philippine stock market.

Peso Strengthens to P55.396 Against Dollar, Stock Market Rises

The Philippine peso strengthened to P55.396 against the dollar, marking its strongest close in nearly 14 months, while the stock market also saw gains. This positive movement is attributed to low inflation and investor optimism regarding economic conditions.

  • Peso closed at P55.396, its strongest level in 14 months.
  • Philippine Stock Exchange index rose to 6,465.45.
  • Investor sentiment bolstered by April inflation rate of 1.4%.
Read more: manilatimes
financials
ACEN

ACEN Corp. Reports 28% Drop in Q1 Income Amid Lower Power Generation

ACEN Corp. reported a 28% decline in its attributable net income for Q1 2025, totaling P1.95 billion, primarily due to lower electricity sales and prices. The company is focusing on strengthening its balance sheet amid challenges in the renewable energy sector.

  • Net income fell to P1.95 billion in Q1 2025.
  • Lower electricity generation and prices impacted earnings.
  • Company plans equity infusion to strengthen its balance sheet.
Read more: bworldonline
services
PRIM

MREIT Reports 31% Increase in Q1 Net Income Driven by New Properties

MREIT, Inc. announced a 31% increase in net income for Q1 2025, reaching P963 million, supported by contributions from newly acquired properties. The company also reported a 25% rise in revenues, indicating strong growth in its real estate investment portfolio.

  • Net income increased to P963 million in Q1 2025.
  • Revenues rose by 25% to P1.34 billion.
  • Growth driven by contributions from newly acquired properties.
Read more: bworldonline
property
AEV

SM Investments Reports 9% Increase in Q1 Net Income Amid Consumer Confidence

SM Investments Corp. posted a consolidated net income of P20.1 billion for Q1 2025, a 9% increase from the previous year, driven by strong performance in retail and banking sectors. The positive consumer sentiment, bolstered by low inflation, is expected to support further growth.

  • Net income rose to P20.1 billion in Q1 2025.
  • Retail and banking sectors contributed significantly to growth.
  • Consumer confidence remains strong with April inflation at 1.4%.
Read more: manilatimes
BDOholding firmsfinancials
PX

OceanaGold Philippines Declares $17 Million Dividend Despite 36% Profit Drop

OceanaGold Philippines, Inc. announced a first-quarter dividend of $17 million, equating to $0.0075 per share, despite a 36% decline in net income due to lower gold production. The dividend payment reflects the company's commitment to returning value to shareholders, with payment scheduled for June 18, 2025.

  • Dividend of $17 million announced for Q1 2025.
  • Net income fell 36% to $7.4 million due to lower gold production.
  • Dividend payment to be made in Philippine pesos based on the exchange rate.
Read more: manilatimes,bworldonline
mining and oil
ACEN

ACEN Corp. Reports Q1 Income Decline Amid Challenges

ACEN Corp. reported a 28% decline in net income for Q1 2025, attributed to lower electricity sales and prices. Despite the decline, the company is focusing on strengthening its balance sheet, which may impact future dividend decisions.

  • Net income fell to P1.95 billion, down 28% year-on-year.
  • Challenges in electricity generation and pricing affected earnings.
  • Plans for equity infusion to strengthen the balance sheet may influence dividends.
Read more: bworldonline
services
MREIT

MREIT Reports 31% Increase in Q1 Income

MREIT, Inc. announced a 31% increase in net income for Q1 2025, driven by contributions from newly acquired properties. This growth positions the company favorably for future dividend distributions.

  • Net income rose to P963 million, up from P733 million.
  • Revenues increased by 25% to P1.34 billion.
  • Strong performance from new properties supports potential dividend growth.
Read more: bworldonline
property
BDO

SM Investments Corp. Reports Positive Q1 Performance

SM Investments Corp. posted a 9% increase in net income for Q1 2025, reaching P20.1 billion, supported by strong consumer confidence and growth in retail and banking sectors. This performance may enhance shareholder returns in the form of dividends.

  • Net income increased to P20.1 billion, up 9% from the previous year.
  • Retail segment net income rose 18% to P3.6 billion.
  • Positive outlook for the Philippines supports potential dividend increases.
Read more: manilatimes
holding firmsfinancials
FB

San Miguel Food and Beverage Reports Strong Q1 Earnings

San Miguel Food and Beverage Inc. reported a 16% increase in net income for Q1 2025, reaching P11.6 billion, driven by strong performance across its food, beer, and spirits segments. This robust performance may positively influence future dividend announcements.

  • Net income rose to P11.6 billion, a 16% increase year-on-year.
  • Consolidated revenues grew by 4% to P98.9 billion.
  • Strong performance in food and beer segments supports potential dividend growth.
Read more: manilatimes,gmanetwork
GSMIindustrial
PX

OceanaGold Announces Q1 Dividend Despite Income Drop

OceanaGold Philippines, Inc. declared a first-quarter dividend of $17 million, even as its net income fell 36% due to lower gold production. This reflects the company's commitment to returning value to shareholders amid operational challenges.

  • Dividend of $17 million announced, equivalent to $0.0075 per common share.
  • Net income dropped 36% to $7.4 million in Q1.
  • Production guidance for the year remains optimistic despite challenges.
Read more: manilatimes,bworldonline
mining and oil
UBP

UnionBank and Atram Complete Merger of Trust Businesses

Union Bank of the Philippines and Atram Trust Corp. have merged their trust businesses, creating a significant player in the asset management sector with P485 billion in assets. This merger could lead to enhanced financial stability and potential for increased dividends.

  • The merger creates the fourth-largest private asset management firm in the Philippines.
  • UnionBank acquired a 27.5% stake in ATR Asset Management Inc.
  • The merger was approved by the Bangko Sentral ng Pilipinas.
Read more: business
financials
ALCO

Ayala Land Q1 Profit Grows 10% Amid Resilient Demand

Ayala Land Inc. reported a 10% increase in net income to P6.9 billion for the first quarter of 2025, driven by strong property development bookings and healthy leasing operations. This performance may enhance its capacity for future dividend payouts.

  • Net income rose to P6.9 billion in Q1 2025.
  • Consolidated revenues improved by 6% to P43.6 billion.
  • Leasing revenues increased by 7%.
Read more: manilatimes
property

Metro Pacific Investments Corp. Reports 48% Profit Surge

Metro Pacific Investments Corp. (MPIC) recorded a 48% increase in Q1 net income to P9.1 billion, primarily due to a gain from the divestment of its oil storage business. This significant profit growth may positively influence future dividend distributions.

  • Net income surged to P9.1 billion in Q1 2025.
  • The increase was driven by asset sale gains.
  • MPIC is focusing on core business areas post-divestment.
Read more: bworldonline
holding firms
BDO

SM Investments Corp. Sees 9% Increase in Q1 Profit

SM Investments Corp. (SMIC) reported a 9% rise in consolidated net income to P20.1 billion for the first quarter of 2025, bolstered by strong consumer confidence and growth across its retail and banking segments. This performance may enhance its dividend potential moving forward.

  • Consolidated net income reached P20.1 billion.
  • Retail segment net income rose 18% to P3.6 billion.
  • Banking sector contributed significantly to overall growth.
Read more: manilatimes,bworldonline
holding firmsfinancials
GSMI

San Miguel Food and Beverage Reports 16% Profit Growth

San Miguel Food and Beverage Inc. (SMFB) reported a 16% increase in its first-quarter net income to P11.6 billion, driven by strong performance across its food, beer, and spirits segments. This growth positions SMFB favorably for potential future dividend announcements, reflecting robust operational execution.

  • Net income rose to P11.6 billion in Q1 2025.
  • Consolidated revenues increased by 4% to P98.9 billion.
  • Gross profit climbed 11% to P28.6 billion.
Read more: manilatimes,bworldonline
industrial
ALCO

Ayala Land Reports 10% Profit Growth in Q1

Ayala Land Inc. announced a 10% increase in net income for Q1 2025, supported by robust property development and leasing operations. This performance may positively influence future dividend decisions.

  • Net income reached P6.9 billion.
  • Consolidated revenues improved by 6% to P43.6 billion.
  • The company is focused on maintaining growth amid market challenges.
Read more: manilatimes
property
DNL

D&L Industries Reports 10% Net Income Growth in Q1

D&L Industries, Inc. reported a 10% increase in net income for Q1 2025, driven by strong export performance and operational ramp-up. This growth may bolster the company's dividend potential.

  • Net income rose to P681 million.
  • Sales increased by 62% to P14.27 billion.
  • The company is focused on expanding its export market.
Read more: bworldonline
industrial

Metro Pacific Investments Corp. Reports 48% Net Income Increase

Metro Pacific Investments Corp. (MPIC) announced a 48% increase in net income for Q1 2025, primarily due to gains from asset sales. This significant growth could impact future dividend distributions.

  • Net income surged to P9.1 billion.
  • The increase was driven by the divestment of its oil storage business.
  • The company is focusing on enhancing profitability through strategic asset management.
Read more: bworldonline
holding firms
BDO

SM Investments Corp. Sees 9% Increase in Q1 Profit

SM Investments Corp. (SMIC) reported a 9% increase in consolidated net income for Q1 2025, supported by growth across its retail, banking, and property sectors. This performance may enhance the potential for future dividends.

  • Consolidated net income reached P20.1 billion.
  • Retail and banking segments showed significant growth.
  • The company remains optimistic about its outlook amid global uncertainties.
Read more: manilatimes,bworldonline
SMPHholding firmsfinancialsproperty
FB

San Miguel Food and Beverage Reports 16% Profit Growth

San Miguel Food and Beverage Inc. (SMFB) reported a 16% increase in net income for Q1 2025, driven by strong performance in its food, beer, and spirits segments. This growth may positively influence future dividend announcements for shareholders.

  • Net income reached P11.6 billion in Q1 2025.
  • Consolidated revenues grew by 4% to P98.9 billion.
  • The company is optimistic about sustaining growth trajectory.
Read more: manilatimes,bworldonline
GSMIindustrial

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