Globe Telecom Inc. reported a 14-percent drop in earnings in the first nine months of the year, amid lower revenues across key segments, with digital wallet GCash remaining a bright spot for the telecommunications giant.
In a disclosure to the Philippine Stock Exchange, Globe said its net income declined to ₱17.7 billion from January to September, lower than ₱20.6 billion in the same period last year.
The company‘s revenues was slightly lower in the nine-month period to ₱121.7
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