September 21, 2017 5:52 AM ET

Food Products

Company Overview of Victorias Milling Company, Inc.

Company Overview

Victorias Milling Company, Inc. engages in the sugar manufacturing business in the Philippines. It operates through Sugar Milling, Food Processing, Real Estate, Leasing, Distillery Operations, Entertainment, and Power Generation segments. The company offers raw and refined sugar; sugar by-products, such as molasses; and toll refinery services to traders and planters. It also produces and sells canned sardines, hot bangus, mackerel, luncheon meat, lechon paksiw, ham, bacon, and other meat products; develops and sells real estate properties; develops, operates, and sells memorial lots; operates a golf club; and acquires and owns agricultural lands and properties. In addition, the company lease...

VMC Compound

J.J. Ossorio Street

Brgy. XVI

Victorias,  6119

Philippines

Founded in 1919

625 Employees

Phone:

63 3 4399 3378

Key Executives for Victorias Milling Company, Inc.

Victorias Milling Company, Inc. does not have any Key Executives recorded.

Victorias Milling Company, Inc. Key Developments

Victorias Milling Company, Inc. Promotes Eduardo V. Concepcion as President and Chief Executive Officer and Minnie O. Chua as Chief Operating Officer

Victorias Milling Company, Inc. announced promotion of Eduardo V. Concepcion from designation of President and Chief Operating Officer to President and Chief Executive Officer, Minnie O. Chua from designation of Deputy Chief Operating Officer to Chief Operating Officer, effective on August 1, 2017.

Victorias Milling Company, Inc. Reports Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended May 31, 2017

Victorias Milling Company, Inc. reported consolidated unaudited earnings results for the third quarter and nine months ended May 31, 2017. For the quarter, revenue was PHP 3,214,462,000 compared with PHP 1,340,474,000 for the same period last year. Income from operations was PHP 596,702,000 compared with PHP 292,745,000 for the same period last year. Income before income tax was PHP 621,704,000 compared with PHP 211,610,000 for the same period last year. Net income attributable to equity holders of the parent company was PHP 429,530,000 or PHP 0.16 basic and diluted per share compared with PHP 9,629,000 or PHP 0 diluted per share for the same period last year. For the nine months, revenue was PHP 7,258,155,000 from PHP 4,203,699,000 for the same period last year. Income from operations PHP 1,349,252,000 compared with PHP 1,314,018,000 for the same period last year. Income before income tax was PHP 1,348,416,000 compared with PHP 1,303,853,000 for the same period last year. Net income attributable to equity holders of the parent company was PHP 934,861,000 or PHP 0.34 diluted per share compared with PHP 769,262,000 or PHP 0.28 diluted per share for the same period last year. Net cash used in operating activities was PHP 859,758,000 compared to net cash provided by operating activities of PHP 289,401,000 for the same period last year. Additions to property, plant and equipment was PHP 725,804,000 from PHP 989,352,000 for the same period last year.

Victorias Milling Company, Inc. Approves Amendments to Its Amended Articles of the Corporation

Victorias Milling Company, Inc. approved the amendment of fourth article of the Amended Articles of the Corporation, at the board meeting held on May 29, 2017.

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