Rockwell Land Corporation Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2017
April 16, 2018 at 09:25 pm EDT
Rockwell Land Corporation reported audited consolidated earnings results for the year Ended December 31, 2017. For the quarter, the company reported total revenue of PHP 14,303,393,000 compared to PHP 12,711,303,000 a year ago. Income before other income was PHP 2,876,430,000 compared to PHP 2,619,717,000 a year ago. Income before income tax was PHP 2,888,832,000 compared to PHP 2,488,131,000 a year ago. Net income attributable to equity holders was PHP 2,110,245,000 or PHP 0.3442 per diluted share compared to PHP 1,823,981,000 or PHP 0.2977 per diluted share a year ago. Net cash from operating activities was PHP 515,675,000 compared to net cash used in operating activities of PHP 520,338,000 a year ago. Acquisition of property and equipment was PHP 733,323,000 compared to PHP 558,814,000 a year ago. Acquisition of land held development was PHP 97,960,000 compared to PHP 365,826,000 a year ago. EBITDA was PHP 3.6 billion against PHP 3.4 billion a year ago. ROA was 4.68% compared to 4.8% a year ago. ROE was 12.51% compared to 12.2% a year ago. Book value per share was PHP 2.9 as of December 31, 2017 against PHP 2.56 as of December 31, 2016.