March 04, 2015 7:58 AM ET

Water Utilities

Company Overview of Philippine H2O Ventures Corp.

Company Overview

Philippine H2O Ventures Corp., together with its subsidiaries, owns, operates, and manages the waterworks system of Calapan City, Oriental Mindoro. It develops and utilizes water resources to harness, produce, and supply water for domestic, municipal, agricultural, industrial, commercial, or recreational purposes. As of December 31, 2013, the company’s water supply system served 10,042 household connections through 17 urban barangays and 15 adjoining rural barangays. It is also involved in trading goods. The company was formerly known as Calapan Ventures, Inc. and changed its name to Philippine H2O Ventures Corp. in September 2014. The company is headquartered in Quezon City, the Philippines...

20 Lansbergh Place

4th Floor

170 Tomas Morato Avenue

Corner Scout Castor Street

Quezon City,  1103

Philippines

110 Employees

Phone:

63 2 373 3038

Fax:

63 2 373 8491

Key Executives for Philippine H2O Ventures Corp.

Philippine H2O Ventures Corp. does not have any Key Executives recorded.

Philippine H2O Ventures Corp. Key Developments

Philippine H2O Ventures Corp. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Philippine H2O Ventures Corp. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenue of PHP 46,921,785 against PHP 39,949,944 a year ago. Profit before income tax was PHP 2,917,335 against PHP 6,217,028 a year ago. Total comprehensive income attributable to equity holders of the parent was PHP 1,944,628 against PHP 4,364,585 a year ago. Profit from operations was PHP 4,585,245 against PHP 7,321,735 a year ago. Earnings per share were PHP 0.0120 against PHP 0.0269 a year ago. For the nine months, the company reported revenue of PHP 140,882,929 against PHP 119,776,015 a year ago. Profit before income tax was PHP 40,078,286 against PHP 28,193,654 a year ago. Profit from operations was PHP 44,112,431 against PHP 31,487,634 a year ago. Total comprehensive income attributable to equity holders of the parent was PHP 27,611,907 against PHP 19,268,246 a year ago. Earnings per share were PHP 0.1703 against PHP 0.1188 a year ago. Net cash provided by operating activities was PHP 25,955,353 against PHP 43,954,841 a year ago. Additions to property and equipment were PHP 33,178,839 against PHP 4,829,076 a year ago.

Calapan Ventures, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Calapan Ventures, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue of PHP 49,847,173 against PHP 36,110,097 a year ago. Profit before tax was PHP 18,306,381 against PHP 12,194,244 a year ago. Total comprehensive income attributable to equity holders of the parent was PHP 12,674,726 against PHP 8,458,122 a year ago. Profit from operations was PHP 19,369,648 against PHP 13,235,321 a year ago. Earnings per share were PHP 0.0782 against PHP 0.0522 a year ago. For the six months, the company reported revenue of PHP 93,961,144 against PHP 70,662,483 a year ago. Profit before tax was PHP 37,160,951 against PHP 21,976,627 a year ago. Profit from operations was PHP 39,527,186 against PHP 24,165,900 a year ago. Profit before tax was PHP 37,160,951 against PHP 21,976,627 a year ago. Total comprehensive income attributable to equity holders of the parent was PHP 25,667,279 against PHP 14,903,661 a year ago. Earnings per share were PHP 0.1583 against PHP 0.0919 a year ago. Net cash used in operations was PHP 3,891,752 against PHP 43,640,884 a year ago.

Calapan Ventures, Inc. Approves Amendments to Articles of Incorporation and By-Laws

Calapan Ventures, Inc. approved amendments to the company's Articles of Incorporation and By-Laws at the AGM held July 2, 2014.

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