Wednesday, 22 May 2013

A monthly publication of the Lopez Group of Companies
               
Business
Wednesday, 01 May 2013 22:02    Print
Lopez Holdings attributable net income at P4.538B

Lopez Holdings Corporation posted a P4.538 billion in net income attributable to equity holders of the parent in 2012, 15% higher than the P3.955B in net income attributable to equity holders of the parent reported in 2011. The amount includes the company’s share in the gain on sale of Meralco shares by associate First Philippine Holdings Corporation (FPH).

Audited consolidated revenues increased by 13% year on year to P28.395B from P25.143B, as associate ABS-CBN Corporation improved performance amid a growing economy, ratings leadership and strong cable service revenues.

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