PLDT: 2022 goal within sight as 9-mo profit rose 45%

Enterprise and home business segments, along with a one-time gain from the sale of towers, lifted PLDT Inc.’s net income by 45 percent to P27.4 billion in the January to September period.

On Thursday, the Pangilinan-led telco reported that its core income climbed by 10 percent to P25.4 billion during the nine months in review, making them on track to meet the full-year guidance of P33 billion.

Total revenues were up 6 percent to P152.92 billion.

Enterprise revenues rose by 9 percent to P35.2 billion as the economy further reopened. This segment’s growth was supported by sales in fixed data and fiber broadband, managed networking services, wireless solutions, data center and …

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