posted a 166 percent jump in net income to P3.58
billion from P1.35 billion on consolidated off-take volume growth of 42 percent to 6,826 Gwh in the first three months.
It also issued P3.58
billion worth of long-term negotiable certificates of deposits out of its P20-billion LTNCD program.
Although tricycles are the poorest among transport groups, with operators earning only P150-P350 per day and drivers taking home about the same amount, they pay for higher-priced gasoline as they are often ignored by the government, as they are excluded from the 'Pantawid Pasada' fuel subsidy for jeepneys granting P5,000 per jeepney, or about P1 billion for 179,000 jeepneys in 2018, and another P20,000/jeepney or P3.58
billion for 2019.
has raised P3.58
billion from a fresh issuance of high-yielding deposit notes, proceeds from which will boost the bank's expansion plans.
with P2.45 billion, Metrobank P8.68 billion and thrift bank arm Philippine Savings Bank with P5.08 billion, Philippine Bank of Communications (PBCom) with P2.9 billion, RCBC with P3.58
billion, Gokongwei-owned Robinsons Bank with P1.78 billion, Security Bank Corp.
In a disclosure to the Philippine Stock Exchange, RCBC said it returned to the debt capital markets and successfully raised P3.58
billion from the issuance of new Long- Term Negotiable Certificates of Deposits (LTNCDs).
Also in account of the NFA was an NG-guaranteed facility of P3.58
billion as of March 2017, and which also dropped to P2.1 billion as of end-June 2017.
Value turnover was still thin at P3.58
billion, even lower than Monday's P4.28 billion.
A review of the NFA's cash position, without taking into account the P2.09 billion subsidy, also confirmed that the NFA had a cash balance of P1.3 billion as of March 2017, which dropped to P1.2 billion as of end-June 2017; and available guaranteed facilities of P3.58
billion as of March 2017, which fell to P2.1 billion as of end-June 2017.
Revenues slightly declined by 2.56 percent to P3.49 billion from P3.58
billion in the same period a year ago.
In terms of revenues, the Alcantara group similarly logged downtrend to P3.48 billion in this year's six months vis-a-vis P3.58
billion in 2017 for the same period.