Biyernes, Oktubre 10, 2014

MEGAWORLD REVIEWS

Andrew Tan's AGI reports Q1 net income up 10.6% to nearly P4B 

Megaworld Reviews: Partnership Global Group Inc. (AGI) posted P3.94 billion in net wage for the first quarter, up 10.6 percent from P3.56 billion a year prior, lifted by the property, alcohol and gaming organizations. 

United incomes were up 3.2 percent to P31.23 billion from P30.26 billion in the same practically identical period, the Andrew Tan-headed organization said in a divulgence to the Philippine Stock Exchange on Tuesday. 

Deals in land, hard refreshments and nibble items climbed 19 percent to P15 billion. 

On the other hand, deals from gaming, lodging, snappy administration restaurants, and rentals declined by 9 percent – chiefly dragged by a 23-percent drop in gaming incomes which accounted more than 50 percent of administration incomes. 

During the current year, the combination said it will keep on receiving judicious measures to guarantee budgetary supportability and search for new open doors that will upgrade the general gainfulness of the gathering. 

"In 2014, all the business sections are required to develop incomes and benefits in accordance with focuses on," the organization told the trade. 

Property unit Megaworld Corp. recorded a net benefit of P2.69 billion, up 49 percent from P1.81 billion. 

" Need to know about Megaworld Reviews, News and Update? " - See related article

Emperado Inc. enlisted a net benefit of P1.72 billion, up 19 percent from P1.45 billion. 

Gaming concern Travelers International Hotel Group Inc. helped a net benefit of P1.72 billion, up 73 percent from P995 million. 

Be that as it may Golden Arches Development Corp., the establishment holder of Mcdonalds, reported a 26 percent decrease in net salary to P171 million from P234 million, refering to higher expense of crude materials. 

Solidified aggregate holdings arrived at P336.4 billion, from P332 billion at the begin of 2014. 

Advance installments of P4.3 billion to cover the commitments of Travelers International, in addition to a $3.2-million ventures by Emperador in a Spanish partner, and the capital use of Megaworld lessened the money and money equivalents held by AGI, the organization said.