First Metro Philippine Equity Exchange Traded Fund, Inc. announced earnings results for the third quarter and nine months ended September 30, 2016. For the period, the company reported investment income of PHP 118,231,247 against investment loss of PHP 54,678,502 a year ago. Investment income before tax was PHP 111,433,354 against investment loss before tax of PHP 62,292,747 a year ago. Net investment income was PHP 111,433,292 against net investment loss of PHP 62,292,850 a year ago. Earnings per share were PHP 12.9458 against loss per share of PHP 5.8458 a year ago. For the year to date, the company reported investment loss of PHP 10,935,867 against PHP 117,205,840 a year ago. Investment loss before tax was PHP 12,978,408 against PHP 119,866,492 a year ago. Net investment loss was PHP 12,978,420 against PHP 119,866,550 a year ago. LPS was PHP 1.8522 against PHP 10.3101 a year ago. Net cash generated from generated from operating activities was PHP 577,756,124 against net cash used in operations of PHP 494,115,843 a year ago. Book value per share was PHP 125.92 compared to PHP 113.59 a year ago.