PHINMA Corporation (“PHN” or “Company”) has infused more capital into the Group’s first-ever township in Bacolod City, reflecting greater confidence in the project’s strong performance and promising prospects. The Company transferred an additional P300 million to its subsidiary PHINMA Property Holdings Corporation (PHINMA Properties) to be fully allocated to the P12-billion, 21-hectare, mixed-use master-planned
PHINMA Corporation (“PHN” or the “Company”) registered a stronger topline and higher earnings in the first quarter, as strategic business units (SBUs) drove steady growth through improved sales and streamlined cost management. The Company’s consolidated revenues hit ₱6.60 billion during the period, a 21% increase from ₱5.45 billion last year, while consolidated net income rose
PHINMA Corporation’s (“PHN” or the “Company”) consolidated revenues surged to ₱6.61 billion for the third quarter of the calendar as the Company pursues more initiatives seeking to improve the lives of Filipinos. Net income attributable to equity holders of the parent was at ₱144.9 million during the said timeframe. Consolidated revenues rose to ₱16.98 billion
PHINMA Properties President & CEO Raphael B. Felix kicks off the launch of PHINMA Properties’ first-ever township Saludad with his opening remarks on the township grounds. Bacolod City’s dynamic and vibrant culture took center stage as PHINMA Properties launched its newest township, Saludad, over the weekend–reflecting the PHINMA Group’s commitment to making lives better by
PHINMA Corporation will be conducting a stock rights offering (SRO) this year to support the Company’s investment and expansion opportunities to better improve more lives. The Company’s Board of Directors approved the offer consisting of ₱1 billion in primary common shares to be listed in the fourth quarter of 2024. “The stock rights offering reflects
PHINMA Corporation gathered its top executives and stakeholders to celebrate the Group’s 2023 successes and discuss its plans and projections for 2024 at this year’s Annual Shareholders’ Meeting, held last April 23, 2024, Tuesday, at The Fifth at Rockwell Events Hall, Makati City. “PHINMA reported consolidated revenues of 21.27 billion pesos, climbing 20% from the
PHINMA Corporation (PHN) ended 2023 strongly with consolidated revenues of ₱21.27 billion, up by 20% from the previous year. Driven by its businesses committed to making Filipino lives better, PHN also reported its consolidated core net income rose by 40% year-on-year to ₱1.67 billion. Consolidated net income reached ₱1.63 billion, up from ₱1.53 billion in
PHINMA Properties was recently recognized for its outstanding achievements and commitment to housing development excellence at two prestigious awarding ceremonies, The Outlook 2023 Philippine Real Estate Awards by Lamudi.com.ph and the 11th Philippines Property Awards by Property Guru. Representing PHINMA Properties at The Outlook 2023 Real Estate Awards were (from left to right): Likha
MANILA – PHINMA gears up to create better value for Filipino families in 2023. In its first face-to-face stockholders’ meeting since the pandemic, PHINMA Corporation (PSE: PHN) talked about its accomplishments in 2022 and shared what is in store for the company and its business units this year, including allocation for approximately ₱3 billion in
As we celebrate women this special month, we talked to some women leaders in the PHINMA Group and asked them about empowerment and equity. We are glad to share the answers of our leaders, all epitomizing the strength and wisdom innate in all women. Trissa M. Menardo, Chief Strategy Officer at PHINMA Education What for
90% of the world’s millionaires got their wealth by investing in real estate. This was famously claimed by billionaire Andrew Carnegie and has been concurred by many investment journals and publications. But if getting rich through real estate was so lucrative, why isn’t everyone doing it? That is because getting into investment properties can be
PHINMA Properties has created an established reputation in building inspiring homes for more than three decades. Even with its solid accomplishments, it continues to improve its offerings. Last March 12, 2021, the company reached another milestone with the launch of its new mid-rise project called Metrotowne. Located in the heart of Las Piñas, this community