Golden Haven Memorial Park, Inc. announced consolidated earnings results for the year ended of December 31, 2016. For the period, the company reported operating revenue of PHP 814,587,446 compared to PHP 692,797,288 a year ago. Net Income before tax was PHP 257,679,367 compared to PHP 216,333,215 a year ago. Net Income after tax was PHP 180,222,617 compared to PHP 151,115,204 a year ago. Net Income attributable to Parent Equity Holder was PHP 180,222,617 compared to PHP 151,115,204 a year ago. Basic and diluted earnings per share was PHP 0.49 compared to PHP 755.58 a year ago. Return on Assets was 0.06% compared to 0.08% a year ago. Return on Equity was 0.14% compared to 0.35% a year ago. Net cash from operating activities was PHP 150,121,616 compared to PHP 36,145,978 a year ago. Acquisitions of property and equipment were PHP 129,668,729 compared to PHP 8,039,574 a year ago. Book Value per Share was PHP 2.67 compared to PHP 0.88 a year ago.

The company expects capital expenditures for 2017 of PHP 575.00 million.