Business > Corporate News
MacroAsia net income surges to P382M in H1

MACROASIA Corp. saw its consolidated net income after tax for the first half of this year rise to P382.2 million, more than seven times the P49.80 million recorded a year earlier and said to have been driven by revenues of P3.71 billion, up from P1.82 billion in the same period last year following the strong performances of its business segments.

'With the trendline of continuing topline growth, the company foresees a stronger performance in the coming months, notwithstanding the headwinds faced, particularly on the inflationary pressures on costs and the competition for skilled manpower on a global scale,' MacroAsia said in a disclosure last week.