PHINMA Corporation’s consolidated net income declined 12 percent to P1.27 billion in the first three quarters of 2022 from the P1.45 billion earned in the same period last year.
In a disclosure to the Philippine Stock Exchange, the firm said the performance was primarily due to higher costs driven
PHINMA Corporation announced leadership changes in the company with Oscar J. Hilado stepping down as Chairman of the Board with Ramon R. del Rosario Jr. taking over the helm.
In a disclosure to the Philippine Stock Exchange, PHINMA said Hilado, who has led the company as chairman since 2003, will
Phinma Corp., the listed holding company chaired by Ramon del Rosario, posted a consolidated net income of P639.07 million, lower than the P783.56 million recorded a year ago despite the strong growth in revenues.