Tuesday, 3 August 2010

UCPB’s 6-month profit soars 238%

Written by Erik dela Cruz
Business Mirror

THE United Coconut Planters Bank (UCPB) said on Monday its first-half profit soared 238 percent to P1.14 billion, putting it on track to achieving its 2010 targets.

It previously reported a net income of P576 million in the first quarter. It made a profit of P1.6 billion last year, recovering from losses in the previous years, after the government injected P30 billion in fresh capital into the bank.


No comments:

Post a Comment