September 24, 2016 8:05 PM ET

Beverages

Company Overview of Macay Holdings, Inc.

Company Overview

Macay Holdings, Inc., through its subsidiary, ARC Refreshments Corporation, bottles, manufactures, and distributes carbonated soft drinks in the Philippines. It provides cola flavored soft drinks under the RC Cola and RC Cola Free brands; orange flavored carbonated soft drink under the Fruit Soda Orange brand; cloudy lemon flavored carbonated soft drink under the Juicy Lemon brand; rootbeer flavored soft drink under the Arcy's Rootbeer brand; and lemon-lime flavored carbonated soft drink under the Seetrus brand, as well as bottles Extra Joss, an energy drink in ready-to-drink form. Macay Holdings, Inc. distributes its products directly or indirectly to various retail points, including sari-s...

137 Yakal Street

San Antonio Village

Makati City,  1203

Philippines

1,143 Employees

Phone:

63 2 893 0733

Fax:

63 2 840 3303

Key Executives for Macay Holdings, Inc.

Macay Holdings, Inc. does not have any Key Executives recorded.

Macay Holdings, Inc. Key Developments

Macay Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Macay Holdings, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. The company reported a 0.5% uptick in net income to PHP 602.5 million in the three months ending June, from PHP 599.7 million in the same period a year ago. Consolidated revenues inched up 1% to PHP 3.31 billion for the second quarter. This is mainly attributed to the sustained growth of flavored carbonated soft drinks and introduction of new skus in the non-returnable segment. Income before income tax was PHP 860,666,502 compared to PHP 862,926,364 a year ago. Net income for the six-month period grew 3% year-on-year to PHP 1.03 billion from PHP 1 billion. For the January to June period, revenues increased by 4.9% to PHP 6.1 billion. Income before income tax was PHP 1,482,366,590 compared to PHP 1,450,393,477 a year ago. Net cash flows from operating activities was PHP 1,420,983,617 compared to PHP 1,404,344,862 a year ago. Additions to property, plant and equipment was PHP 184,256,452 compared to PHP 234,231,450 a year ago.

Macay Holdings, Inc Appoints Ms. Andrea J. Pama as Marketing and Business Development Director

Macay Holdings, Inc. appointed Ms. Andrea J. Pama as its Marketing and Business Development Director.

Macay Holdings, Inc Appoints Fernando R. Balatbat as Member of the Audit Committee

Macay Holdings, Inc. announced at the board meeting held on August 05, 2016, the shareholders appointed Mr. Fernando R. Balatbat as Member of the Audit Committee.

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