First Pacific Co ( (HK:0142) ) just unveiled an announcement.
First Pacific Company Limited announced the unaudited consolidated financial results for Metro Pacific Investments Corporation (MPIC) for the first quarter of 2025. MPIC reported a net income of PHP 11.469 billion, up from PHP 8.406 billion in the same period last year, driven by increased operating revenues and share in net earnings of equity method investees. Despite a rise in interest expenses, the company’s income before tax rose significantly, reflecting strong operational performance. The announcement highlights MPIC’s robust financial health and its positive impact on First Pacific’s investment portfolio.
More about First Pacific Co
First Pacific Company Limited is a Hong Kong-based investment management and holding company with a focus on the Asia-Pacific region. It holds significant interests in consumer food products, telecommunications, infrastructure, and natural resources. One of its major investments is in Metro Pacific Investments Corporation (MPIC), a company based in the Philippines.
Average Trading Volume: 6,800,961
Technical Sentiment Signal: Buy
Current Market Cap: HK$24.36B
See more data about 0142 stock on TipRanks’ Stock Analysis page.