Loewen said its first-quarter net income fell to US $ 17.2 million, or US $ 0.30 a share, from US $ 14.1 million, or US $ 0.34 a share, though it spent US $ 500 million on acquisitions during the first quarter period.
32.
According to PSE documents, the Bulacan-based firm incurred losses of P95.6 million for the third quarter period ( July to September ) of last year and a total loss of P49.4 million for the first three quarters of 1997, a marked improvement from the P571.2 million in losses the firm incurred for the same period in 1996.
