Ayala's IMI posts 52% jump in Q3 net income
Ayala-led Integrated Micro-Electronics Inc. (IMI) reported a 52% year-on-year surge in its third-quarter net income, reaching $24.1 million. This growth was driven by increased revenue, improved operational efficiency, and higher-value manufacturing programs.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- New Ang scion joins Ginebra board, signaling continued family influence
Jacob Paolo Ang, son of San Miguel Corp. (SMC) chair and CEO Ramon Ang, has been appointed to the board of liquor giant Ginebra San Miguel Inc. This move signals further consolidation of the Ang family's influence within the conglomerate and its ongoing diversification efforts.
- Monde Nissin Earnings Surge 21% in Nine Months on Strong Food Sales
Philippine food and beverage giant Monde Nissin Corp. reported a 20.8 percent surge in net income to P8.1 billion for the first nine months of 2026, driven by robust sales in its food businesses and enhanced profit margins. The company is known for brands like "Lucky Me!" noodles.
- San Miguel Food and Beverage profit down 9% in nine months
San Miguel Food and Beverage Inc. (SMFB) reported a 9 percent decline in net income to P30.6 billion for the first nine months of 2026, citing rising costs and weaker consumer spending that impacted its food and beer businesses.
- PAL Reports $159-M Loss Amid Soaring Fuel Costs
Philippine Airlines (PAL) incurred a net loss of $159 million in the first nine months of 2026, primarily due to soaring fuel costs stemming from the Middle East conflict. Despite cost-cutting measures, revenue gains were negated by escalating expenses.