Attention: Mr. Vicente Graciano P. Felizmenio, Jr. Director - Markets and Securities Regulation Dept Philippine Dealing & Exchange Corporation . | June 1, 2023
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Attention: Mr. Vicente Graciano P. Felizmenio, Jr. Director - Markets and Securities Regulation Dept Philippine Dealing & Exchange Corporation . | April 17, 2023
Published August 5, 2021, 3:40 PM
Driven by the growth of its data/broadband business, PLDT Inc. netted ₱12.9 billion earnings, up 5% on ₱89.9 billion revenues, up 8.5%, in the first half of this year.
The telco’s core income ( excluding the impact of asset sales and Voyager Innovations) climbed 10% year-on-year to ₱15.2 billion due to lower tax rates.
Consolidated EBITDA hit an all-time high, of 8% year-on-year to ₱46.6 billion, excluding MRP (Manpower Reduction Program) expenses, driven by higher service revenues while EBITDA margin was at 51%.
“Though we are seeing the economic impact of the pandemic, we still expect overall revenue growth for the year,” says Chairman Manuel V. Pangilinan.