September 29, 2016 7:41 PM ET

Real Estate Management and Development

Company Overview of Philcomsat Holdings Corporation

Company Overview

Philcomsat Holdings Corporation owns and operates real estate properties in the Philippines. It leases condominium units and motor vehicles; and provides stock transfer agency services, as well as holds investments in money market placements. The company was formerly known as Liberty Mines, Inc. and changed its name to Philcomsat Holdings Corporation in September 1997. Philcomsat Holdings Corporation was incorporated in 1956 and is based in Makati City, the Philippines. Philcomsat Holdings Corporation is a subsidiary of Philippine Communications Satellite Corporation.

Telecoms Plaza Building

12th Floor

316 Sen. Gil Puyat Avenue

Makati City,  1200

Philippines

Founded in 1956

Phone:

63 2 815 8406

Fax:

63 2 817 9430

Key Executives for Philcomsat Holdings Corporation

Chief Executive Officer, President, Executive Director, Chairman of Nomination Committee, Member of Executive Committee and Member of Business Development Committee
Age: 71
Chairman, Executive Vice President, Chairman of Executive Committee, Member of Audit Committee, Member of Business Development Committee and Member of Nomination Committee
Age: 56
Chief Financial Officer, Treasurer, Executive Director, Chairman of Business Development Committee, Member of Executive Committee, Member of Audit Committee, Chief Executive Officer of Phillippine Communications Satellite Corporation and President of Phillippine Communications Satellite Corporation
Age: 70
Investors Relations Officer, Corporate Information Officer and Assistant Compliance Officer
Principal Accounting Officer and Comptroller
Compensation as of Fiscal Year 2016.

Philcomsat Holdings Corporation Key Developments

Philcomsat Holdings Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Philcomsat Holdings Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported operating revenue of PHP 18,875,107 against PHP 4,531,169 a year ago. Net loss before tax was PHP 3,366,938 against PHP 4,922,620 a year ago. Net loss attributable to parent equity holders was PHP 5,124,506 or PHP 0.0051 per basic/diluted share against PHP 4,914,641 or PHP 0.0049 per basic/diluted share a year ago. For the six months, the company reported operating revenue was PHP 207,316,906 against PHP 11,769,346 a year ago. Net income before tax was PHP 233,010,865 against net loss before tax of PHP 5,498,684 a year ago. Net income attributable to parent equity holder was PHP 209,057,216 or PHP 0.2098 per basic/diluted share against net loss attributable to parent equity holders of PHP 5,544,736 or PHP 0.0056 per basic/diluted share a year ago. Net cash provided by operating activities was PHP 232,657,874 against THB 717,361 a year ago. Acquisition of property and equipment was PHP 4,643.

Philcomsat Holdings Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2016

Philcomsat Holdings Corporation announced unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported revenue of PHP 188,485,930 compared to PHP 7,268,176 a year ago. Profit before income tax was PHP 236,377,803 compared to loss before income tax of PHP 576,064 a year ago. Net profit attributable to equity holders was PHP 214,181,722 compared to net loss attributable to equity holders was PHP 633,915 a year ago. Earnings per share was PHP 0.2150 compared to loss per share of PHP 0.0006 a year ago. Net cash provided by operating activities was PHP 278,745,418 compared to net cash used in operating activities of PHP 49,841,848 a year ago. Acquisition of property and equipment was PHP 5,234. Book Value per Share was PHP 1.12 as of March 31, 2016 compared to PHP 0.9 as of March 31, 2015.

Philcomsat Holdings Corporation Announces Consolidated Earnings Results for the Year Ended December 31, 2015

Philcomsat Holdings Corporation announced consolidated earnings results for the year ended December 31, 2015. For the year, the company reported revenue of PHP 29,961,250 compared to PHP 43,638,124 a year ago. Net income before income tax was PHP 220,461 compared to PHP 5,418,669 a year ago. Net income attributable to equity holders was PHP 889,283 compared to PHP 4,972,448 a year ago. Basic and diluted earnings per share was PHP 0 compared to diluted earnings per share of PHP 0.01 a year ago. Return on assets was 0.11% against 0% a year ago. Return on equity was 0.11% against 0% a year ago. Book value per share as on December 31, 2015 was PHP 0.9 against 0.91 as on December 31, 2014.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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