Submitted by mcco on Tue, 05/03/2016 - 10:53

1Q2016 CORE NET INCOME AT Php7.2 BILLION IN LINE WITH FULL YEAR GUIDANCE 1Q2016 REPORTED NET INCOME AT Php6.2 BILLION  CONSOLIDATED REVENUES UP 1% AT Php42.8 BILLION CONSOLIDATED SERVICE REVENUES STABLE AT Php40.6 BILLION TOTAL DATA AND BROADBAND REVENUES AT Php13.7 BILLION, UP 22% MOBILE INTERNET REVENUES UP 38%  CONSOLIDATED EBITDA LOWER BY 14% AT Php16.6 BILLION EBITDA MARGIN AT 41%  PLDT GROUP SUBSCRIBER BASE AT 72.1 MILLION WIRELESS SUBSCRIBER BASE AT 68.4 MILLION TOTAL BROADBAND SUBSCRIBERS 5.3 MILLION

 

 

MANILA, Philippines, 3rd May 2016 – PLDT, Inc. (“PLDT”) (PSE: TEL) (NYSE: PHI) today
announced its unaudited financial and operating results for the first three (3) months of 2016 with Consolidated Core Net Income, before exceptional items, at Php 7.2 billion, Php2.1 billion lower than the amount recorded for the same period in 2015, and in line with the core income guidance of Php28 billion for the full year 2016. The reduction from prior year was due largely to lower EBITDA reflecting higher product subsidies, higher depreciation, and higher financing costs. Read more

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