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Press Release

DoubleDragon Corporation Announces Tender Offer for MerryMart Shareholders

DoubleDragon Corporation has announced a tender offer to acquire MerryMart Consumer Corp. shares at Php 0.48 per share, which is 20% higher than MerryMart's current trading price. This acquisition is part of DoubleDragon's strategy to transition into a diversified investment holding company and aims to increase its total equity base to Php 500 Billion.

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Press Release

Ayala Corporation Reports Flat Core Profit of โ‚ฑ11.2 Billion in 1Q26

Ayala Corporation's core net income remained steady at โ‚ฑ11.2 billion in the first quarter of 2026, supported by higher earnings from BPI and Globe, despite lower contributions from Ayala Land and other business units. The company reported a net income of โ‚ฑ12 billion, reflecting a 5% decline due to a high base from the previous year.

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Converge Reports 1Q2026 Financial Results with Revenue Growth and Strong Margins

Converge Information and Communications Technology Solutions, Inc. reported consolidated revenues of P11.2 billion for 1Q2026, representing a growth of 3.7% year-over-year. The company achieved a strong EBITDA margin of 61.8% and net income after tax of P3.0 billion, reflecting its operational resilience and commitment to growth.

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ACEN Corporation Reports 50% Increase in Q1 2026 Net Income to P2.9 Billion

ACEN Corporation achieved a consolidated net income of P2.9 billion for Q1 2026, a 50% increase year-on-year, driven by strong contributions from international operations and the recovery of wind operations in the Philippines. The results were bolstered by P1.5 billion in net one-off gains, although core net income declined 27% to P1.4 billion when excluding these items.

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