Converge trims 2026 targets as H1 profit dips to P5.5B

MANILA, Philippines — Converge ICT Solutions Inc. saw its bottom line slip by nearly 7 percent to P5.5 billion in the first half, even as revenues inched up, prompting the firm to temper its full-year outlook amid “persistent inflationary pressures.” First-half profit fell 6.78 percent from P5.9 billion a year earlier, although Converge maintained a