Roxas Holdings Inc. Announces Consolidated Earnings Results for the Year Ended September 30, 2017
January 15, 2018 at 08:47 pm
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Roxas Holdings Inc. announced consolidated earnings results for the year ended September 30, 2017. For the year, the company reported revenue of PHP 10,947,533,000 against PHP 12,050,234,000 a year ago. Income before income tax was PHP 108,396,000 against PHP 26,850,000 a year ago. Net income attributable to equity holders of the parent company was PHP 119,777,000 against PHP 101,244,000 a year ago. Basic and diluted earnings per share were PHP 0.08 against PHP 0.07 a year ago. Net cash flows used in operating activities was PHP 624,153,000 compared to PHP 6,595,000 a year ago. Property, plant and equipment were PHP 1,140,984,000 compared to PHP 911,749,000 a year ago. Book Value Per Share was PHP 6.82 compared to PHP 6.87 a year ago. Return on Assets was 1%. Return on Equity was 1%. compared to 1% a year ago.
Roxas Holdings, Inc. is a Philippines-based sugar and ethanol producer. The Company is engaged in the integrated sugar business and ethanol production in the Philippines. The Company operates through two segments: Sugar and Alcohol. Its Sugar segment consists of two operating subsidiaries: Central Azucarera Don Pedro, Inc. (CADPI) and RHI Agri-Business Development Corporation (RABDC), which manufactures and sells raw and refined sugar, molasses and provides tolling and farm operations services. CADPI also manages and operates agricultural land and the planting and cultivation of sugar cane and other farm products. The Alcohol segment consists of one operating subsidiary, San Carlos Bioenergy, Inc. (SCBI), which manufactures and sells bioethanol fuel. SCBI operates an integrated sugar mill and bioethanol distillery complex.