trending Market Intelligence /marketintelligence/en/news-insights/trending/LlbeOLOxO_kgiTTBFjWwOw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Ayala Corp. Q1 profit falls YOY

OTT Helps To Offset Pay TV Losses for Video Security Vendors

5G Survey: Despite COVID-19 delays, operator roadmaps still lead to 5G

Machine Learning and Credit Risk Modelling

Barclays Research – Now Available In The S&P Global Market Intelligence Aftermarket Research Collection

Ayala Corp. Q1 profit falls YOY

Ayala Corp. said its normalized net income for the first quarter came to 4.93 Philippine pesos per share, a decline of 11.0% from 5.54 pesos per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 3.07 billion pesos, a decline of 8.1% from 3.34 billion pesos in the prior-year period.

The normalized profit margin fell to 6.4% from 7.6% in the year-earlier period.

Total revenue increased 8.5% on an annual basis to 47.84 billion pesos from 44.09 billion pesos, and total operating expenses rose 9.9% year over year to 33.81 billion pesos from 30.76 billion pesos.

Reported net income declined 12.5% year over year to 4.67 billion pesos, or 7.51 pesos per share, from 5.34 billion pesos, or 8.86 pesos per share.

As of May 14, US$1 was equivalent to 44.48 Philippine pesos.