Golden Haven Memorial Park, Inc. announced audited consolidated earnings results for the year ended of December 31, 2017. For the period, the company reported revenue of PHP 3,685,125,838 compared to PHP 814,587,446 a year ago. Operating profit was PHP 960,023,553 compared to PHP 234,745,888 a year ago. Income before tax was PHP 1,008,646,368 compared to PHP 257,679,367 a year ago. Net Income after tax was PHP 698,973,189 compared to PHP 180,222,617 a year ago. Net Income attributable to Parent Equity Holder was PHP 698,973,189 compared to PHP 180,222,617 a year ago. Basic and diluted earnings per share was PHP 1.41 compared to PHP 0.39 a year ago. Return on assets was 0.05% compared to 0.06% a year ago. Return on equity was 0.15% compared to 0.14% a year ago. Net cash used in operating activities was PHP 995,466,491 compared to net cash from operating activities of PHP 150,121,533 a year ago. Acquisitions of property and equipment were PHP 154,606,085 compared to PHP 129,668,646 a year ago. Book value per share was PHP 7.01 compared to PHP 2.67 a year ago.

The company expects capital expenditures for 2018 of PHP 5,893.30 million.