Asia
PLDT's Q1 Net Income Edges Lower Despite Revenue Growth
PLDT (PSE:TEL) posted a slight decline in net income attributable to equity holders of 8.87 billion pesos for the first quarter, down from 9.03 billion pesos a year earlier, according to a Thursday Hong Kong bourse filing by parent First Pacific (HKG:0142).Earnings per share at the Philippine telecommunications company came in at 40.98 pesos, compared with 41.71 pesos a year earlier.Revenue increased to 56.5 billion pesos from 55.3 billion pesos in the prior-year period.
HKG:0142PSE:TEL