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Aboitiz 9-month profit down 16% • VG Cabuag

Aboitiz Equity Ventures Inc. (AEV) said its income in January to September declined by 16 percent to P18 billion from last year’s P21.4 billion. The company said it recognized non-recurring gains of P738 million for the period, lower than the P5.3 billion in non-recurring gains last year. Without these one-off gains, the company’s core net

AEV earnings slip sans one-time gains

AEV earnings slip sans one-time gains
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Flour millers buck lifting of anti-dumping duties

LIFTING the anti-dumping duties on Turkish wheat flour may upend the local flour milling industry’s growth since it would be exposed to “unfair” trade practices anew, an industry group claimed. The Philippine Association of Flour Millers Inc. (Pafmil) maintained its position that the anti-dumping duty on imported Turkish wheat flour…

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