Manila Broadcasting Co. announced earnings results for the year ended December 31, 2017. For the year, the company reported revenues of PHP 1,066,386,226 compared with PHP 1,251,954,721 for the same period a year ago. Income before tax was PHP 179,179,879 compared with PHP 268,542,865 for the same period a year ago. Net income was PHP 124,399,219 or PHP 0.31 per basic and diluted share compared with PHP 186,604,989 or PHP 0.46 per basic and diluted share for the same period a year ago. Net cash provided by operating activities was PHP 58,928,989 compared with PHP 473,765,560 for the same period a year ago. Additions to property & equipment were PHP 15,338,818 compared with PHP 2,517,827 for the same period a year ago. Book value per share was PHP 2.29 compared with PHP 2.29 for the same period a year ago. Return on assets was 0.07% against 0.14% a year ago. Return on equity was 0.14% against 0.2% a year ago.