Bogo-Medellin Milling Co., Inc. announced unaudited consolidated earnings and production results for the second quarter and six months ended March 31, 2018. For the second quarter, the company's sales were PHP 84,675,000 against PHP 102,006,000 a year ago. Loss from operations was PHP 11,636,000 against PHP 28,893,000 a year ago. Net loss before tax was PHP 11,636,000 against PHP 28,893,000 a year ago. Net loss attributable to parent equity holder was PHP 11,636,000 against PHP 28,893,000 a year ago. Loss per share, basic and diluted, was PHP 1.94 per share against PHP 4.82 per share a year ago.

For the six months, the company's the company's sales were PHP 86,168,000 against PHP 126,606,000 a year ago. Loss from operations was PHP 48,845,000 against PHP 48,274,000 a year ago. Net loss before tax PHP 48,845,000 against PHP 48,274,000 a year ago. Net loss attributable to parent equity holder PHP 48,845,000 against PHP 48,274,000 a year ago. Loss per share, basic and diluted, was PHP 8.14 per share against PHP 8.05 per share a year ago. Net cash used in operating activities was PHP 12,573,000 against PHP 35,282,000 a year ago. Additions to property, plant and equipment was PHP 998,000 against PHP 1,195,000 a year ago. Book Value per Share was PHP 34.19 against PHP 42.33 as of September 30, 2017.

For the second quarter, the company's volume of sugar produced was 176,043.80 Lkg. against 225,552.08 Lkg. a year ago.