Sunday 20 January 2019
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inquirer - 8 month ago

AGI nets P3.5B

Tycoon Andrew Tan-led conglomerate Alliance Global Group Inc. (AGI) posted P3.5 billion in first quarter net profit attributable to equity holders of parent firm, down by 2 percent year-on-year, on slower earnings from integrated gaming operations alongside higher interest charges and foreign exchange losses. Including interest attributable to minority, consolidated net profit for the first three months rose by 1 percent year-on-year to P5.4 billion, driven by its real estate, beverage and fast-food busine

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