Bofinet posts P12m pretax profit
Tuesday, October 07, 2025 | 60 Views |
BOFINET office
On the other hand, its total revenue grew marginally by one percent to P485 million, while operating profit nearly doubled, supported by cost containment measures and new project rollouts.
The parastatal recorded a pretax profit of P12 million during the reporting period, which was better than the P7 million loss it made in the full year 2023.
The rise in defilement and missing persons cases, particularly over the recent festive period, points not merely to a failure of policing, but to a profound and widespread societal crisis. Whilst the Police chief’s plea is rightly directed at parents, the root of this emergency runs deeper, demanding a collective response from every corner of our community. Marathe’s observations paint a picture of neglect with children left alone for...