Global

Inflation in Europe fell for the first time in 17 months

According to the first official data from 19 euro-using countries, consumer prices rose 10% year-on-year through November. It’s less than a record 10.6% jump a month earlier and lower than economists had expected. In Germany, the bloc’s largest economy, annual inflation eased to 11.3% from 11.6%, while price growth in France remained stable at 7.1%,

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Noticias de dinero

Hundred. Lucia net income up 55% in 9 months

Developer Sta. Lucia Land Inc. on Wednesday said its nine-month net profit rose 55% to 2.87 billion pesos, compared to 1.84 billion pesos last year, thanks to strong sales of its products. Revenues rose 30% to 7.5 billion pesos over the period, compared to 5.74 billion pesos last year. Real estate revenue reached 5.91 billion

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Noticias de dinero

Max beats hurdles as earnings jump 82% in 9 months

Max’s Group Inc., an operator of informal restaurants, said its revenue from January to September rose 82% to 427.32 million pesos, compared with 234.5 million pesos last year. The company said last year’s income included a one-time gain of 377 million pesos from the sale of a subsidiary whose main asset is land. “For consecutive

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Noticias de dinero

SME revenue rose 21% in 9 months to 99 billion pesos.

San Miguel Brewery Inc. (SMB) reported a 91% increase in revenue of 99 billion pesos in the first nine months of the year as mobility restrictions eased and domestic and international markets reopened. Improvements in operating efficiency led to a 22% increase in operating profit to 22.2 billion pesos, while net income rose 15% to

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