January 29, 2015 7:32 AM ET

Containers and Packaging

Company Overview of Steniel Manufacturing Corp.

Company Overview

Steniel Manufacturing Corporation manufactures and sells corrugated boxes in the Philippines. Its products are primarily used for packaging consumer goods, fresh fruits, canned sardines, furniture, and electronic goods. The company was incorporated in 1963 and is based in General Trias, the Philippines.

Gateway Business Park

Brgy. Javalera

General Trias,  4107

Philippines

Founded in 1963

2 Employees

Phone:

63 46 433 0066

Key Executives for Steniel Manufacturing Corp.

Chief Executive Officer
Age: 52
Chief Financial Officer
Age: 55
Corporate Information Officer
Age: 37
Assistant Corporate Information Officer and Assistant Corporate Secretary
Vice President of Operations - Steniel Cavite Packaging Corporation and General Manager of Operations - Steniel Cavite Packaging Corporation
Age: 65
Compensation as of Fiscal Year 2014.

Steniel Manufacturing Corp. Key Developments

Steniel Manufacturing Corp. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Steniel Manufacturing Corp. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, revenues were PHP 18,750,000 compared to PHP 190,947,000 a year ago. Income before provision for income tax was PHP 108,752,000 compared to PHP 24,435,000 a year ago. Net income for the period was PHP 108,752,000 or PHP 0.1088 per share compared to PHP 23,948,000 or PHP 0.0239 per share a year ago. For the nine months, revenues were PHP 22,350,000 compared to PHP 459,975,000 a year ago. Income before provision for income tax was PHP 103,903,000 compared to PHP 37,832,000 a year ago. Net income for the period was PHP 103,903,000 or PHP 0.1039 per share compared to loss of PHP 37,015,000 or PHP 0.0370 per share a year ago. Net cash provided by operating activities was PHP 178,353,000 against PHP 42,326,000 a year ago. Acquisition of machinery & equipment were PHP 1,941,000 against PHP 16,870,000 a year ago.

Steniel Manufacturing Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Steniel Manufacturing Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the six months, the company reported total revenues of PHP 3,600,000 compared to total revenues of PHP 269,028,000 for the same period a year ago. Loss before provision for income tax was PHP 4,848,000 compared to income before provision for income tax of PHP 13,086,000 last year. Net loss was PHP 4,848,000 or PHP 0.0048 per basic and diluted share compared to net income of PHP 12,760,000 or PHP 0.0128 per basic and diluted share last year. Net cash provided by operating activities was PHP 75,266,000 compared to PHP 9,622,000 last year. For the quarter, the company reported total revenues of PHP 1,800,000 compared to total revenues of PHP 146,719,000 for the same period a year ago. Loss before provision for income tax was PHP 4,996,000 compared to income before provision for income tax of PHP 8,194,000 last year. Net loss was PHP 4,996,000 or PHP 0.0050 per basic and diluted share compared to net income of PHP 8,012,000 or PHP 0.0080 per basic and diluted share last year.

Steniel Manufacturing Corp. Announces Unaudited Consolidated Earnings Results for the Quarter Ended March 31, 2014

Steniel Manufacturing announced unaudited consolidated earnings results for the quarter Ended March 31, 2014. For the year, the company reported net profit of PHP 147,000 or PHP 0.0001 basic and diluted earnings per share on total revenues of PHP 1,800,000 compared to net income of PHP 3,958,000 or PHP 0.0040 basic and diluted earnings per share on total revenues of PHP 122,309,000 of prior year. Profit before provision for income tax was PHP 147,000 against income before provision for income tax of PHP 4,086,000 of prior year. Net cash provided by operating activities was PHP 20,844,000 against cash provided by operating activities of PHP 13,816,000 of prior year.

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