China Telecommunications Corp.’s Philippine venture expects to post its first profit in as early as four years, the majority shareholder of the Southeast Asian nation’s third mobile-phone provider said. A positive bottom line “will emerge” for DITO Telecommunity Corp. by 2026 or 2027, said Ernesto R. Alberto, president of DITO CME Holdings Corp. that’s owned by businessman Dennis A. Uy. “We are also on track on the business plan despite two-and-a-half years of the pandemic,” Mr. Alberto said in an interview this week with other officials of Mr. Uy’s businesses. The telecom venture’s earnings before interest, taxes, depreciation and amortization...