February 28, 2017 4:25 AM ET

Real Estate Management and Development

Company Overview of Rockwell Land Corporation

Company Overview

Rockwell Land Corporation operates as a property developer in high-end and upper-mid markets primarily in Metro Manila, the Philippines. It operates through three segments: Residential Development; Commercial Development; and Hotel. The Residential Development segment develops, sells, and manages various residential properties under the Rockwell and Primaries brand names. The Commercial Development segment develops, leases, manages, and sells commercial buildings or spaces used for retail and office leasing, including cinema operations, as well as other residential retail spaces, such as high-rise condominiums. The Hotel segment is involved in leasing serviced apartments; hotel management; a...

The Garage at Rockwell Center

Estrella Street

Makati City,  1200

Philippines

Founded in 1975

860 Employees

Phone:

63 2 793 0888

Key Executives for Rockwell Land Corporation

Rockwell Land Corporation does not have any Key Executives recorded.

Rockwell Land Corporation Key Developments

Rockwell Land Corporation Approves Promotion of Angela Marie B. Pagulayan to Vice President for Hotel and Leisure

Rockwell Land Corporation approved on December 09, 2016 the promotion of Angela Marie B. Pagulayan to Vice President for Hotel and Leisure.

Rockwell Land Corporation Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Rockwell Land Corporation reported consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company’s net consolidated income reached PHP 510.8 million from PHP 390 million in the same three month period, due to the substantial completion of Proscenium projects in Rockwell Center. Consolidated revenues surged 78% to PHP 3.55 billion from PHP 1.99 billion a year ago. For the nine months, the company’s profit rose 12% to PHP 1.21 billion, on a 29% increase in interest due to its higher interest income accretion. Consolidated revenues were PHP 7.88 billion, 46% up from last year’s PHP 5.41 billion. The company spent a total of PHP 7.4 billion for project and capital expenditures for the first nine months of 2016, 37% higher than last year’s PHP 5.4 billion.

Rockwell Land Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Rockwell Land Corporation announced 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 2,241,240,000 compared to PHP 1,449,760,000 a year ago. Net income before tax was PHP 489,191,000 compared to PHP 461,851,000 a year ago. Net income attributable to parent equity holder was PHP 363,814,000 or PHP 0.06 per basic and diluted share compared to PHP 337,921,000 or PHP 0.06 per basic and diluted share a year ago. For the six months, the company reported operating revenue of PHP 4,186,790,000 compared to PHP 3,148,449,000 a year ago. Net income before tax was PHP 955,744,000 compared to PHP 972,533,000 a year ago. Net income attributable to parent equity holder was PHP 705,047,000 or PHP 0.12 per basic and diluted share compared to PHP 697,856,000 or PHP 0.11 per basic and diluted share a year ago. Book value per share as at June 30, 2016 was PHP 2.36. Net cash provided by operating activities was PHP 216 million compared to net cash used in operating activities of PHP 965 million a year ago. Acquisitions of property and equipment were PHP 59 million compared to PHP 151 million a year ago. EBITDA was PHP 1,391 million compared to PHP 1,346 million a year ago. ROA was 3.7% compared to 3.7% a year ago. ROE was 9.7% compared to 10.3% a year ago.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 2, 2016
37-hectare Lot in Lipa, Batangas
 

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