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Last $2.02 PHP
Change Today 0.00 / 0.00%
Volume 0.0
MAC On Other Exchanges
As of 10:20 PM 05/24/15 All times are local (Market data is delayed by at least 15 minutes).

macroasia corporation (MAC) Snapshot

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52 Week High
09/12/14 - $3.20
52 Week Low
05/7/15 - $2.00
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macroasia corporation (MAC) Details

MacroAsia Corporation, through its subsidiaries, is engaged in the aviation-support businesses in the Philippines. It operates through In-Flight and Other Catering, Ground Handling and Aviation, Charter Flights, Rental and Administrative, and Mining segments. The company provides aircraft maintenance, repair, and overhaul services; in-flight catering services; charter flight services; and helicopter chartering services, as well as ground handling services for passenger and cargo aircraft. It also operates the special economic zone at the Ninoy Aquino International Airport. In addition, the company is engaged in the acquisition, development, and sale of real properties; and provision of consultancy and mining exploration services, focusing on nickel areas. It holds interests in Infanta Nickel project that covers a land area of approximately 1,114 hectares located in Brooke’s Point, Palawan. The company was formerly known as Cobertson Holdings Corporation and changed its name to MacroAsia Corporation in November 1995. MacroAsia Corporation was incorporated in 1970 and is based in Makati City, the Philippines.

2,958 Employees
Last Reported Date: 04/16/15
Founded in 1970

macroasia corporation (MAC) Top Compensated Officers

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macroasia corporation (MAC) Key Developments

Macroasia Corp. Approves Amendments to Articles of Incorporation

MacroAsia Corp. announced that the board of directors approved the amendment of the sixth article of the articles of incorporation to increase the number of directors from nine to eleven. The amendment to the sixth article of the articles of incorporation shall be subject to the approval of the stockholders of the company representing 2/3 of the outstanding capital stock.

MacroAsia Corporation Approves Amendments to By-Laws

The board of directors of MacroAsia Corp. approved the amendment of Article V of the By-laws to abolish the position of vice-chairman and to create the position of co-chairman. The aforesaid amendments to Article V of the By-laws shall be subject to the approval of the stockholders of the corporation representing majority of the outstanding capital stock.

MacroAsia Corp. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

MacroAsia Corp. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of PHP 435,185,823 compared to PHP 398,141,979 a year ago. Income from operations was PHP 14,523,609 compared to PHP 5,350,498 a year ago. Income before income tax was PHP 110,144,345 compared to PHP 48,730,115 a year ago. Net income attributable to equity holders of the parent was PHP 97,733,614 or PHP 0.079 per basic share compared to PHP 39,900,545 or PHP 0.032 per basic share a year ago. Net cash used in operating activities was PHP 16,242,285 compared to net cash from operating activities of PHP 3,351,912 a year ago. Acquisitions of property and equipment were PHP 5,720,376.


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Price/Sales 1.4x
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Price/Cash Flow 12.4x
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