BAYAN TELECOMMUNICATIONS HOLDING CORP

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                    [ArticleID] => 205640
                    [Title] => Benpres cuts loss in 2002 to P1.06-B
                    [Summary] => Lopez flagship Benpres Holdings Inc. posted a net loss of P1.06 billion last year, an improvement from the loss of P9.99 billion incurred in 2001.


Although Benpres did not post any gain on sale of investments in 2002, this was offset by stronger net earnings of investee companies, particularly First Philippine Holdings Corp. (FPHC) and ABS-CBN Broadcasting Corp.


Consolidated revenues reached P2.02 billion in 2002, up by 14 percent from the previous year’s P1.78 billion.


                    [DatePublished] => 2003-05-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Benpres cuts loss in 2002 to P1.06-B

By Zinnia B. Dela Peña | May 11, 2003 - 12:00am

Lopez flagship Benpres Holdings Inc. posted a net loss of P1.06 billion last year, an improvement from the loss of P9.99 billion incurred in 2001. Although Benpres did not post any gain on sale of investments in...

Business