Revenues

Banking

𝐅𝐨𝐫𝐞𝐢𝐠𝐧 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐞𝐝 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐁𝐒𝐏 𝐲𝐢𝐞𝐥𝐝 𝐧𝐞𝐭 𝐨𝐮𝐭𝐟𝐥𝐨𝐰𝐬 𝐢𝐧 𝐎𝐜𝐭𝐨𝐛𝐞𝐫 𝟐𝟎𝟐𝟑

Transactions on foreign investments registered with the BSP, through AABs, in October 2023 recorded net outflows of US$328 million resulting from the US$1.3 billion gross outflows and the gross inflows of US$954 million for the month. The recorded net outflows are smaller than the net outflows posted in September 2023 (US$698 million).

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Business

𝐂𝐞𝐛𝐮 𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐏𝐨𝐬𝐭𝐬 𝐏𝟐𝟑.𝟑𝐁 𝐑𝐞𝐯𝐞𝐧𝐮𝐞𝐬 𝐢𝐧 𝐐𝟑

Cebu Pacific (PSE: CEB) generated total revenue of P23.3 billion for the third quarter of 2023, 39% higher year-on-year and 23% above same period in 2019. This was on the back of over 5.3 million passengers flown onboard 35,000 flights, which are 27% and 18% higher year-on-year, respectively. Seat load factor improved to 83.7%, 9.7 percentage points higher year-on-year.

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Business

𝐂𝐨𝐧𝐯𝐞𝐫𝐠𝐞 𝐫𝐞𝐯𝐞𝐧𝐮𝐞𝐬 𝐣𝐮𝐦𝐩 𝟕% 𝐘𝐨𝐘 𝐭𝐨 𝐏𝟐𝟔.𝟐𝟓𝐁 𝐚𝐭 𝐞𝐧𝐝 𝐐𝟑 𝟐𝟎𝟐𝟑 

– 𝗡𝗲𝘄 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲𝗿𝘀 𝗿𝗶𝘀𝗲 𝘁𝗼 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗹𝗲𝘃𝗲𝗹 𝗶𝗻 𝗲𝗶𝗴𝗵𝘁 𝗾𝘂𝗮𝗿𝘁𝗲𝗿𝘀 – 𝗖𝗼𝗻𝘃𝗲𝗿𝗴𝗲 𝗰𝗲𝗹𝗲𝗯𝗿𝗮𝘁𝗲𝘀 𝟮𝗠 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲𝗿 𝗠𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲 Leading fiber broadband

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Business

𝐒𝐌 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐧𝐞𝐭 𝐢𝐧𝐜𝐨𝐦𝐞 𝐠𝐫𝐨𝐰𝐬 𝟑𝟐% 𝐭𝐨 𝐏𝐇𝐏𝟑𝟔.𝟓𝐛𝐧 𝐢𝐧 𝐇𝟏 𝐨𝐧 𝐬𝐭𝐫𝐨𝐧𝐠 𝐜𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐜𝐨𝐧𝐟𝐢𝐝𝐞𝐧𝐜𝐞

SM Investments Corporation (SM Investments) reported a consolidated net income of PHP36.5 billion in the first six months, up 32% from PHP27.7 billion in the same period last year.

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