First Metro Philippine Equity Exchange Traded Fund, Inc. announced earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported investment income of PHP 212,170,168 against PHP 118,231,247 a year ago. Investment income before final tax was PHP 204,676,041 against PHP 111,553,481 a year ago. Net investment income was PHP 204,433,903 against PHP 111,433,292 a year ago. Earnings per share were PHP 21.6249 against PHP 12.9788 a year ago. For the nine months, the company reported investment loss of PHP 60,594,300 against investment loss of PHP 10,935,868 a year ago. Investment income before final tax was PHP 58,116,137 against loss of PHP 12,906,276 a year ago. Net investment income was PHP 58,012,901 against loss of PHP 12,978,420 a year ago. EPS was PHP 5.6153 against LPS of PHP 1.8522 a year ago. Net cash used in operating activities was PHP 219,740,433 against net cash generated from operations of PHP 577,756,124 a year ago. Book value per share was PHP 124.05 as on September 30, 2017 compared to PHP 113.59 for the year ended December 31, 2016.