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Last $7.36 PHP
Change Today -0.33 / -4.29%
Volume 998.7K
BC On Other Exchanges
As of 2:55 AM 04/1/15 All times are local (Market data is delayed by at least 15 minutes).

benguet corp-a (BC) Snapshot

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52 Week High
07/4/14 - $12.70
52 Week Low
01/12/15 - $6.50
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benguet corp-a (BC) Details

Benguet Corporation is engaged in the research, development, mining, and exploration of natural resource projects in the Philippines. The company operates through Mining, Foundry, Trucking and Warehousing, and Others segments. The Mining segment is engaged in the exploration of gold, chromite, nickel laterite ore, limestone, and other metallic and nonmetallic minerals. The Foundry segment is engaged in the production of a range of alloys, including manganese, chrome moly, stainless steel, carbon steel, and cast iron for cast parts. The Trucking and Warehousing segment provides logistics services to the supply-chain requirements of various industries. The Others segment is engaged in the research, development, real estate, health services, and water projects. The company is also involved in the trading of equipment, materials, and supplies for mining companies and other industries; and provision of mining, earthmoving, road construction and maintenance, and hauling equipment services. Benguet Corporation was founded in 1903 and is based in Makati City, the Philippines.

Founded in 1903

benguet corp-a (BC) Top Compensated Officers

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Executives, Board Directors

benguet corp-a (BC) Key Developments

Benguet Corporation Announces Board Changes

Benguet Corporation announced that in its regular meeting of the Board of Directors of the company held on March 27, 2015, the Board accepted/approved the resignation of Mr. Rogelio C. Salazar as Director effective March 27, 2015 due to health reasons. The Board also elected Mr. Macario U. Te as Director representing Common Class A and Convertible Preferred Class A stocks of the Company, in replacement of Mr. Rogelio C. Salazar, who resigned as Director.

Benguet Corp. Reports Unaudited Consolidated Earnings and Operations Results for the Third Quarter and Nine Months Ended September 30, 2014

Benguet Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenue of PHP 356,919,000 compared to PHP 314,644,000 a year ago. Loss from operations was PHP 142,852,000 compared to PHP 143,814,000 a year ago. Loss before income tax was PHP 160,222,000 compared to PHP 148,387,000 a year ago. Net loss was PHP 137,228,000 or PHP 0.72 per diluted share compared to PHP 145,678,000 or PHP 0.84 per diluted share a year ago. Net cash used in operating activities was PHP 151,460,000 compared to PHP 7,725,000 a year ago. For the quarter, the company gold output improved to 3,777 ounces from 3,043 ounces for the same quarter last year. Total tons milled were 26,589 tons slightly lower compared to 27,607 tons for the same quarter in 2013. For the nine months, the company reported total revenue of PHP 2,703,833,000 compared to PHP 1,573,767,000 a year ago. Income from operations was PHP 240,506,000 compared to loss from operations of PHP 150,936,000 a year ago. Income before income tax was PHP 178,931,000 compared to loss before income tax of PHP 76,024,000 a year ago. Net income was PHP 89,918,000 or PHP 0.46 per diluted share compared to net loss of PHP 109,120,000 or PHP 0.63 per diluted share a year ago. Net cash from operating activities was PHP 297,014,000 compared to PHP 269,644,000 a year ago. Purchases from property, plant and equipment was PHP 27,631,000 compared to PHP 85,470,000 a year ago. The substantial jump in revenues for the nine months period was largely due to the increase in volume of nickel ore shipped. For the nine months, the company total tones milled from the company’s Acupan Gold Project were 41% higher at 88,699 tons from 62,863 tons for the same period in 2013. Gold production was higher at 10,786 ounces covering nine months operation for this year from 8,567 ounces for the same period last year. The increase in this year's gold output was mainly due to higher tons milled.

Benguet Corporation Announces Resignation of Pablo Gabriel R. Malvar as Vice President, Business Development, Effective Dec. 1, 2014

Benguet Corporation announced the resignation of Pablo Gabriel R. Malvar as Vice President, Business Development, effective Dec. 1, 2014, for personal reason.


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