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RHI: Trading halted to avoid speculation

Sugar firm Roxas Holdings Inc. (RHI) said it has asked the Philippine Stock Exchange (PSE) to suspend its shares for trading starting May 20. The company said in its disclosure that it decided to apply for a voluntary trading suspension to prevent speculation. Roxas Holdings shares gained 49.48 percent to…

Countryside acquires stake in Roxas Holdings

Countryside acquires stake in Roxas Holdings
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Roxas Holdings posts P198-M loss

Sugar and ethanol producer Roxas Holdings, Inc. (RHI) reported a core net loss of P198 million for the first quarter of its fiscal year ending September 2023, slightly higher than its loss of P196 million for the same period last year. In a disclosure to the Philippine Stock Exchange, RHI Chairman

CADPI milling ops closure has sugar planters worried

THE Central Azucarera Don Pedro Inc. (CADPI), a subsidiary of Roxas Holdings Inc. (RHI), has permanently shut down its milling operations, raising concerns from sugar planters on where to mill their cane, documents showed. Documents posted on the Sugar Regulatory Administration (SRA) website showed that CADPI President and CEO Celso…

Roxas Holdings pares down losses

Sugar and ethanol producer Roxas Holdings, Inc. is optimistic of its continued recovery after it managed to pare down losses to P752 million in its fiscal year ending September 30, 2021 from the P939 million net loss in the previous year. In a disclosure to the Philippine Stock Exchange, the firm

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