Holcim Philippines, Inc., through its subsidiaries, primarily manufactures, sells, and distributes cement and clinker products in the Philippines and internationally. The company produces cement in various product brands, including Holcim Premium cement, an American Society for Testing and Materials (ASTM) type I Portland cement for general concrete construction; Holcim 4X, an ASTM C150 Portland cement for ready mix concrete applications; Holcim Excel, an ASTM type IP cement for general concrete construction; and Holcim WallRight cement, an ASTM C91 type S Masonry cement for use in block laying, plastering, and finishing use. It also offers clinker; aggregates; read mix concrete products, su...
Two World Square
Founded in 1964
Holcim Philippines, Inc. Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015
Oct 29 15
Holcim Philippines, Inc. announced consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported operating revenue of PHP 9,996,455 against PHP 8,113,355 a year ago. Net income before income tax was PHP 2,177,691 against PHP 1,029,529 a year ago. Net income after income tax was PHP 1,529,309 against PHP 721,960 a year ago. Net income attributable to parent equity holder was PHP 1,529,625 against PHP 722,205 a year ago. Basic and diluted earnings per share were PHP 0.24 against PHP 0.11 a year ago. Operating EBITDA was PHP 2,510,623 against PHP 1,449,748 a year ago. Income from operations was PHP 2,161,532 against PHP 1,053,722 a year ago. Income before minority interest was PHP 1,529,309 against PHP 722,205 a year ago.
For the nine months, the company reported operating revenue of PHP 27,991,732 against PHP 24,974,047 a year ago. Net income before tax was PHP 6,432,781 against PHP 5,278,280 a year ago. Net income after tax was PHP 4,555,708 against PHP 4,043,520 a year ago. Net income attributable to parent equity holder was PHP 4,556,873 against PHP 4,044,511 a year ago. Basic and diluted earnings per share were PHP 0.71 against PHP 0.63 a year ago. Book value per share as on September 30, 2015 was PHP 3.31 against PHP 3.42 as on December 31, 2014. Operating EBITDA was PHP 7,312,048 against PHP 6,831,003 a year ago. Income from operations was PHP 6,319,508 against PHP 5,750,612 a year ago. Income before minority interest was PHP 4,556,873 against PHP 4,044,511 a year ago. Cash provided by operating activities was PHP 5,679,104 against PHP 4,827,488 a year ago. Additions to plant, property and equipment were PHP 1,274,054 against PHP 1,140,352 a year ago. Return on equity was 21.0% against 19.0% a year ago. Return on asset was 13.8% against 13.6% a year ago.
Holcim Philippines, Inc. Reports Earnings Results for the Second Quarter and Six Months of 2015
Aug 11 15
Holcim Philippines, Inc. reported earnings results for the second quarter and six months of 2015. For the quarter, the company reported that net profit slid 7.65% to PHP 1.53 billion from PHP 1.65 billion a year ago, dragged by one-time expenses and higher costs due to the importation of clinker. HPI had to import more expensive clinker to serve robust cement demand, which resulted in good production volumes during the three-month period. This pushed net sales by 6.86% year on year to PHP 9.41 billion from PHP 8.81 billion in 2014.
For the six months, the company's net income fell 8.89% to PHP 3.03 billion from PHP 3.32 billion, with the early implementation of plant maintenance activities in the first quarter also dampening the results. Net sales rose by an annual 6.73% to PHP 17.995 billion from PHP 16.86 billion.