Philcomsat Holdings Corporation operates real estate properties in the Philippines. It leases condominium units, 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
316 Sen. Gil Puyat Avenue
Makati City, 1200
Founded in 1956
63 2 815 8406
63 2 817 9430
Philcomsat Holdings Corporation Reports Earnings Results for the Year Ended December 31, 2014
Apr 16 15
Philcomsat Holdings Corporation reported earnings results for the year ended December 31, 2014. For the quarter, the company’s operating revenue was PHP 43,638,124 against PHP 33,819,807 for the same period in the last year. Net income before tax was PHP 5,418,669 against PHP 73,189,023 for the same period in the last year. Net income attributable to parent equity holder was PHP 4,972,448 against PHP 72,976,670 for the same period in the last year. Earnings per diluted share were PHP 0.01 against PHP 0.06 for the same period in the last year.
Philcomsat Holdings Corporation Approves Amendments to By-Laws
Nov 21 14
Philcomsat Holdings Corporation announced the amendment of Article VII(5) of the By-Laws changing the date of the regular stockholders' meeting from any day in May to the third Monday of November of each year.
Philcomsat Holdings Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014
Nov 18 14
Philcomsat Holdings Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenue of PHP 7,325,817 against PHP 8,029,608 a year ago. Loss before income tax was PHP 4,060,952 against income before income tax of PHP 2,193,683 a year ago. Net loss was PHP 4,108,495 against net income of PHP 2,146,592 a year ago. Loss per share was PHP 0.0041 against earnings per share of PHP 0.0022 a year ago.
For the nine months, the company reported revenue of PHP 25,729,315 against PHP 26,502,654 a year ago. Income before income tax was PHP 1,547,620 against PHP 6,515,332 a year ago. Net income was PHP 1,404,990 against PHP 6,346,848 a year ago. Earnings per share were PHP 0.0014 against PHP 0.0064 a year ago. Net cash used in operations was PHP 101,502,103 against net cash provided by operations of PHP 4,669,792 a year ago. Additions to property and equipment were PHP 77,084 against PHP 18,670 a year ago. Return on assets as of September 30, 2014 is 0.15% against 0.73% a year ago. Return on equity as of September 30, 2014 is 0.15% against 0.75% a year ago.