Philippine Trust Company reported unaudited earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported gross revenue of PHP 1,819,319,291.22 against PHP 1,841,669,901.23 a year ago. Income before income tax was PHP 507,614,638.44 against PHP 551,369,743.59 a year ago. Net income after tax was PHP 384,652,234.09 against PHP 436,798,457.33 a year ago. Earnings per share were PHP 0.38 against PHP 0.44 per share a year ago. Net interest income was PHP 602,644,785.19 against PHP 666,612,865.89 a year ago. For the six months, the company reported net interest income was PHP 3,563,891,806.46 against PHP 3,502,548,002.81 a year ago. Income before income tax was PHP 1,070,974,766.79 against PHP 1,004,268,840.14 a year ago. Net income after tax was PHP 833,716,595.76 or PHP 0.83 per share against PHP 778,167,584.05 or PHP 0.78 per share a year ago. Net interest income was PHP 1,294,204,341.12 against PHP 1,532,893,775.05 a year ago. Net cash used in operating activities was PHP 3,445,238,592.93 against net cash provided by operating activities of PHP 18,067,842,229.05 a year ago. Acquisition of property & equipment were PHP 58,432,314.18 against PHP 82,198,880.73 a year ago. Return on average equity was 3.89% against 3.21% a year ago. Return on average assets was 0.55% against 0.50% a year ago. As on date, book value per share was PHP 20.09.