MANILA -- Top Philippine conglomerates saw their earnings surge in the third quarter, painting a picture of sustained economic momentum under the new administration of President Rodrigo Duterte.
Nine of the most valuable conglomerates -- included on the Nikkei Asian Review's A300 list of the region's largest and most dynamic companies -- grew their aggregate net profit by 29.36% on the year in the July-September term, on a 7.13% increase in sales.
