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PHINMA swings to loss as property, materials units weaken - BusinessWorld Online
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1 Articles
1 Articles
PHINMA swings to loss as property, materials units weaken - BusinessWorld Online
PHINMA CORP. recorded an attributable net loss of P308.83 million for 2025 despite generating consolidated net income of P326.65 million. The difference between the consolidated profit and the attributable loss came during a year of higher capital spending. Capital expenditures rose to P5 billion from P3.14 billion in the previous year, the company said in a statement on Wednesday. PHINMA reported consolidated revenues of P22.84 billion and earn…
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