MacroAsia profit drops on restructuring costs

MANILA, Philippines — MacroAsia Corp. of Taipan Lucio Tan saw its bottom line shrink in the first nine months of 2026, weighed down by restructuring expenses at its associate, Lufthansa Technik Philippines Inc. (LTP), higher lease charges, and inflation-driven operating costs. On Wednesday, the company said in a disclosure that its net income attributable to equity