Phinma Raising Capex for 2025

Phinma Corp., the diversified conglomerate of the Del Rosario Group, is raising its capital expenditures budget for this year.

- Richmond Mercurio

"We said P3.8 billion (our capex for 2025) but it's going to be a little more because there were some projects approved last year that weren't calculated into that. That's why in my head the number is closer to P5 billion," Phinma chief financial officer EJ Qua Hiansen said.