The ten most profitable firms in the country:

1. PLDT (with Smart) – P17 billion;

2. Ayala Corp – P11.49 billion;

3. San Miguel Corp – P7.87 billion;

4. Globe Telecom (a unit of Ayala) – P6.42 billion;

5. PAL Holdings – P6.32 billion;

6. SM Investment Corp -P5.87 billion;

7. Bank of PI (a unit of Ayala) – P5.71 billion;

8. PNOC-EDC – P4.22 billion;

9. JG Summit – P3.84 billion;

10. Metrobank – P3.695 billion;

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