April 21, 2018 7:27 AM ET

Specialty Retail

Company Overview of Toyota Manila Bay Corporation

Company Overview

Toyota Manila Bay Corporation operates an automotive dealer for new and used vehicles. The company offers passenger cars, commercial and hybrid vehicles, sedan and hatchback vehicles, crossovers and SUVs, MPVs, and vans and pick-up vehicles; and parts, oils and chemicals, and accessories. It also provides express and periodic maintenance, general job, body paint repair, and wheel alignment services; and auto financing and insurance solutions. The company was founded in 1999 and is based in Pasay, the Philippines. As of March 4, 2014, Toyota Manila Bay Corporation operates as a subsidiary of GT Capital Holdings, Inc.

Roxas Boulevard Cor. Edsa Extension Metro Bank Avenue

Pasay,  1308

Philippines

Founded in 1999

Phone:

63 2 581 6168

Fax:

63 2 581 6120

Key Executives for Toyota Manila Bay Corporation

President and Director
Corporate Secretary
Age: 64
Adviser
Age: 74
Compensation as of Fiscal Year 2017.

Toyota Manila Bay Corporation Key Developments

Toyota Manila Bay Corporation Reports Earnings Results for the Nine Months Ended September 30, 2017

Toyota Manila Bay Corporation reported earnings results for the nine months ended September 30, 2017. Consolidated sales, comprising of vehicle sales, spare parts and maintenance services, grew by 7.9% from PHP 17.6 billion in the first nine months of 2016 to PHP 19.0 billion in the first nine months of 2017. Vehicle sales, accounting for 92.8% of the company's revenues, increased by 7.2% from PHP 16.4 billion to PHP 17.6 billion. Consolidated net income for the first nine months of 2017 increased by 20.1%, from PHP 249.2 million to PHP 299.4 million due to higher vehicle sales, improved vehicle margins due to across the board price increases effective March 1 and September 1, and increased ancillary income from financing and insurance commissions.

Toyota Manila Bay Corporation Reports Earnings Results for the First Half Ended June 30, 2017

Toyota Manila Bay Corporation reported earnings results for the first half ended June 30, 2017. For the period, net sales were PHP 12,323.3 million against PHP 11,398.5 million for the same period a year ago. Net income was PHP 193.5 million against PHP 168.4 million for the same period a year ago. Consolidated net income for the first half of 2017 increased by 14.9%, due to higher vehicle sales, improved vehicle margins due to price increase effective March 1, 2017 and increased ancillary income from financing and insurance commissions.

Toyota Manila Bay Corporation Reports Earnings Results for the First Half of Ended June 30, 2016

Toyota Manila Bay Corporation reported earnings results for the first half of ended June 30, 2016. For the period, the company reported net sales of PHP 11,396.5 million compared with PHP 8,771.8 million a year ago. Net income was PHP 168.4 million against PHP 59.9 million a year ago.

Similar Private Companies By Industry

Company Name Region
Abenson, Inc. Asia
All Value Holdings Corp. Asia
AllHome Corp. Asia
Asian Carmakers Corporation Asia
Chemoil Fuel Philippines Inc. Asia

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
Tax Management Inc United States
John F. Kennedy Center For The Performing Arts United States
NYC2012, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Toyota Manila Bay Corporation, please visit www.toyotamanilabay.com.ph. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.