Globe nets P34.6B in 2022
GLOBE Telecom Inc. posted a consolidated net income of P34.6 billion last year, up 46 percent from 2021's P23.7 billion, as revenues hit a record high.
The Ayala-led firm said the gain was primarily due to a 6-percent rise in earnings before interest, taxes, depreciation and amortization (Ebitda) and one-time gains that fully offset an 11-percent increase in depreciation expenses.
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