Tag: units
-
SMC, ACEN units advance in Meralco RE supply bid
•
THE UNITS of San Miguel Corp. (SMC) and ACEN Corp. will undergo post-qualification evaluation after Manila Electric Co. (Meralco) identified their bids as the most competitive for a 500-megawatt (MW) renewable energy (RE) supply contract. San Roque Hydropower, Inc. (SRHI), Gigasol3, Inc., and Santa Cruz Solar Energy, Inc. (SCSEI) submitted…
-
Banking, tobacco units lift LT Group’s profit to P6.42 billion in first quarter
•
LUCIO C. Tan’s LT Group, Inc. reported a 1% increase in its first-quarter attributable net income to P6.42 billion, driven by its banking and tobacco units. Philippine National Bank (PNB) took up 46% or P2.97 billion of the total first-quarter income, while the tobacco business shared 41% or P2.65 billion, LT Group said…