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AbaCore returns to profitability in first quarter - BusinessWorld Online
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AbaCore returns to profitability in first quarter - BusinessWorld Online
ABACORE Capital Holdings, Inc. posted P107.3 million in net income in the first quarter, a turnaround from its P15.3-million net loss a year earlier, led by a gain from the disposal of investment properties. “The results for the first quarter were primarily impacted by a gain of P140.6 million from the… disposal of investment properties,” the listed holding company said in an e-mail statement on Thursday. Expenses rose 30.3% to P33.1 million aft…
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