3 months Lopez Holdings H1 income hits P14.1B Manilatimes |Biz
LISTED Lopez Holdings Corp. saw its consolidated net income in the first half of 2019 soar to P14.12 billion on the back of the robust performance of its renewable energy (RE) and media units. In a regulatory filing on Thursday, the holding company of the Lopez family said the amount was a 76-percent increase from P8.01 billion in the January-to-June 2018 period. Net income attributable to equity holders doubled to P4.18 billion in the first six months from P2.09 billion a year ago.
“The steady performance of the energy group under associate First Philippine Holdings Corp. (FPH), as ... more