Combined 1H listed firms’ profit hit P275.5B

The consolidated net income of all listed firms grew to P275.5 billion during the first half of the year, the Philippine Stock Exchange said on Thursday.

In a statement, the local bourse reported that the profit of listed firms rose 4.4 percent for the first six months of 2013 to P275.5 billion from last year’s P263.79 billion as companies in the financials, property and holding firms sectors registered growth.