THE combined net profits of publicly listed companies in the first three months of the year improved by 13.9 percent to P158.28 billion from P138.96 billion a year earlier on the back of profit gains in the Property and Services sectors.

In a statement, the Philippine Stock Exchange (PSE) said the consolidated revenues of listed companies inched up by 1.6 percent to P1.58 trillion from P1.55 trillion.

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