Rockwell Land Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported total revenue of PHP 2,014 million against PHP 1,828 million for the same period last year. Loss before other income was PHP 36 million against PHP 96 million for the same period last year. Income before income tax of PHP 467 million against PHP 511 million for the same period last year. Net income attributable to equity holders was PHP 340.1 million or PHP 0.06 per basic and diluted share against PHP 359.9 million or PHP 0.06 per basic and diluted share for the same period last year. Net cash used in operating activities was PHP 557 million against PHP 888 million a year ago. Acquisition of property and equipment was PHP 48 million against PHP 49 million a year ago. Acquisition of investment properties was PHP 91 million against PHP 1 million a year ago. EBITDA was PHP 657 million against PHP 709 million a year ago. ROA was 3.73%. ROE was 9.52%. Book value per share was PHP 2.34 as of March 31, 2016 against PHP 2.17 as of December 31, 2015.