MIC books P623-M net income in first quarter

PHILIPPINE sovereign wealth fund manager Maharlika Investment Corp. (MIC) posted a net income of P628.85 million in the first quarter. The state-run investment vehicle booked other comprehensive income of P693.29 million in the January-to-March period, bringing its total comprehensive income to P1.32 billion. Before tax, MIC’s earnings reached P628.85 million during the quarter. This came […]