trending Market Intelligence /marketintelligence/en/news-insights/trending/b1Y1_WrZTtbL11hu3MO83A2 content esgSubNav
In This List

Roxas Holdings swings to loss in fiscal Q1


Municipal CUSIP Request Volumes Climbs for Fourth Straight Month


Corporate Credit Risk Trends in Developing Markets: An Expected Credit Loss (ECL) Perspective


Root & Branch - June 2021: Greenium, Transparency and Advent


LCD Monthly: ESG Sustainability linked bonds offer pricing perk

Roxas Holdings swings to loss in fiscal Q1

Roxas Holdings Inc. said its normalized net income for the fiscal first quarter ended Dec. 31, 2015, came to a loss of 109.4 million pesos, compared with income of 5.6 million pesos in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to negative 4.0% from 0.5% in the year-earlier period.

Total revenue grew year over year to 2.71 billion pesos from 1.18 billion pesos, and total operating expenses grew from the prior-year period to 2.82 billion pesos from 1.13 billion pesos.

Reported net income totaled a loss of 121.0 million pesos, or a loss of 11 centavos per share, compared to income of 9.3 million pesos, or 1 centavos per share, in the prior-year period.

As of Feb. 12, US$1 was equivalent to 47.50 Philippine pesos.