MANILA Aug 5 Philippine Long Distance Telephone
Co (PLDT) reported on Tuesday its quarterly profit rose
1 percent on modest revenue growth from its traditional mobile
Net income in the June quarter was 10.64 billion pesos ($244
million) compared with 10.53 billion pesos in the same period
last year, the country's most valuable listed company said in a
Net income for the first half grew 2 percent to 20 billion
Core net income, which excludes currency and
derivatives-related items, rose 3 percent in the second quarter
to 10.1 billion pesos.
PLDT is controlled by Hong Kong-listed conglomerate First
Pacific Co Ltd and part-owned by Japan's NTT
Communications, NTT DoCoMo.
For the full earnings statement, click on (bit.ly/1s70DHS).
($1 = 43.5450 Philippine Pesos)
(Reporting by Erik dela Cruz)