Phinma's earnings fall as property, materials units weigh

Phinma's earnings fall as property, materials units weigh

Del Rosario-led PHINMA Corp. reported a 27.6-percent drop in attributable net income to ₱407.43 million in the first quarter of 2026 from the ₱562.62 million earned during the same period last year due to losses from its property and construction materials businesses.In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, May 12, the firm said consolidated revenues declined by 17.4 percent to ₱5.45 billion during the period under revi…