Cirtek Holdings Philippines Corp. yesterday reported it is borrowing $10 million from Metropolitan Bank and Trust Co. (Metrobank) to finance its expansion plans.

Cirtek’s net income in the first nine months soared 86 percent to P5.7 million from P3 million a year ago while revenues grew 14 percent to P37 million from P32.4 previously.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details