Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  PHILIPPINE STOCK EXCHANGE, INC.  >  PLDT Inc    TEL   PHY7072Q1032

PLDT INC (TEL)
My previous session
Most popular
  Report  
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets
OFFRE

PLDT : to spend P46 billion next year

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/10/2017 | 05:20pm CEST

PLDT Inc. said its capital expenditure (capex) will hit at least P46 billion next year as the company works to improve its infrastructure. The amount is higher than the P38 billion in capex for the year.

PLDT Chairman Manuel V. Pangilinan, however, warns that the company's profitability will take until 2019 to recover as it spends over the next two years to boost its network. From this year through 2018, its profitability will be flattish to down, Pangilinan said.

'We're looking at P46 [billion] to P48-billion capex for 2018 or do we push it further than that because we want to have an affirmative response to the criticism being leveled at the industry that the services is lousy,' Pangilinan said in a news briefing on November 9. 'I think we can handle P46 billion out of our cash flow.'

PLDT, meanwhile, is hiking its core profit guidance this year after seeing positive financial results in the first three quarters, while also indicating plans to ramp up spending next year to further beef up its network.

'With two months to go before the end of the year, we have a firmer handle of what the full year results are likely to be. We raise our recurring core income guidance-before 'exceptionals'-to P22 billion, from P21.5 billion,' Pangilinan said.

PLDT's recurring core income, which excludes gains from asset sales, earnings before interest, tax, depreciation and amortization or Ebitda adjustments and related tax adjustments, posted a 5-percent year-on-year increase in the nine months ending September to P17.4 billion.

Consolidated core income for the period rose 7 percent to P23.2 billion. This includes gains from the sale of the company's shares in Beacon Electric (P6.9 billion) and SPi technologies (P1.4 billion).

(c) 2017 Business Mirror Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PLDT INC
09/21PLDT : UAAP stars Thirdy Ravena and Nieto brothers inspire hopefuls of PLDT Home..
PU
09/18PLDT : brings Smart Wifi to Super 8 stores
PU
09/18PLDT-SMART NETWORK ADVISORY : Stepping up restoration of mobile data connectivit..
PU
09/17PLDT-SMART NETWORK ADVISORY : Typhoon Ompong
PU
09/17PLDT : Gabay Guro marks 11th year with ‘Grand Gathering’ for teacher..
PU
09/14PLDT : Smart makes 1st voice call via Wi-fi in Cebu
AQ
09/13PLDT : Vivo launches X21 in PH, partners with Smart as exclusive distributor
PU
09/13PLDT : Enjoy up to 30 percent discount on Booking.com accommodations with PLDT a..
PU
09/11PLDT : Filipino operator Smart ramps up LTE-A rollout, including 5CC
AQ
09/06PLDT : Business remains on growth path
AQ
More news
News from SeekingAlpha
08/23Philippine Long Distance Telephone goes ex-dividend tomorrow 
08/09PLDT Inc. 2018 Q2 - Results - Earnings Call Slides 
08/06Top 10 August WallStar Communication Services Gains Were Led By Telefonica, C.. 
06/29Top 50 Communication Services By June Yield Were Led By Telefonica And Teleco.. 
05/31After Hours Gainers / Losers (05/31/2018) 
Financials (PHP)
Sales 2018 165 B
EBIT 2018 30 576 M
Net income 2018 21 707 M
Debt 2018 141 B
Yield 2018 4,52%
P/E ratio 2018 14,74
P/E ratio 2019 14,04
EV / Sales 2018 2,73x
EV / Sales 2019 2,65x
Capitalization 311 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Average target price 1 530  PHP
Spread / Average Target 6,4%
EPS Revisions
Managers
NameTitle
Manuel Velez Pangilinan Chairman, President & Chief Executive Officer
Anabelle Lim-Chua Chief Financial & Risk Management Officer
Helen Yuchengco Dee Director
Pedro E. Roxas Independent Director
James L. Go Non-Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
PLDT INC5 741
VERIZON COMMUNICATIONS1.93%224 860
NIPPON TELEGRAPH AND TELEPHONE CORP-3.43%96 933
DEUTSCHE TELEKOM-6.05%77 414
SAUDI TELECOM COMPANY SJSC--.--%43 731
ORANGE-4.91%43 014