The company said in a disclosure to the stock exchange consolidated nine-month revenues climbed 6.6 percent to P71.3 billion from P66.9 billion in 2021. READ:
The company said in a disclosure to the stock exchange consolidated nine-month revenues climbed 6.6 percent to P71.3 billion from P66.9 billion in 2021.
The group said the tobacco business accounted for P12 billion or 59 percent of total attributable income, while banking unit Philippine National Bank contributed P6.46 billion or 32 percent. PNB’s net income reached P11.49 billion in the first three quarters, down 53 percent from P24.44 billion a year ago. Last year’s net income included a one-time gain of P33.6 billion from transferring real estate assets into PNB Holdings Corp.
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