PTFC Redevelopment Corporation Reports unaudited Consolidated Earnings Results for the Quarter Ended November 30, 2017
January 15, 2018 at 12:19 am
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PTFC Redevelopment Corporation reported unaudited consolidated earnings results for the quarter ended November 30, 2017. For the quarter, the company reported revenue of PHP 44,954,376 as compared to PHP 41,415,829 for the same period last year. Total profit was PHP 28,395,799 as compared to PHP 29,576,187 for the same period last year. Profit before income tax was PHP 20,989,728 as compared to PHP 21,720,671 for the same period last year. Net profit for the year was PHP 14,863,752 as compared to PHP 16,267,665 for the same period last year. Earnings per share for computed basis on net profit was PHP 0.42 as compared to PHP 0.46 for the same period last year. Net cash provided by operating activities was PHP 20,552,038 as compared to PHP 23,756,186 for the same period last year. Basic and diluted earnings per share was PHP 1.45 as compared to PHP 1.76 for the same period last year.
PTFC Redevelopment Corporation is a Philippines-based leasing company. The Companyâs purpose is to deal, engage or otherwise acquire an interest in land or real estate development, whether in the Philippines or elsewhere, to acquire, purchase, sell, convey, encumber, lease, rent, erect, construct, alter, develop, hold, manage, operate, administer or otherwise deal in and dispose of, for itself or for others, for profit and advantage, residential, commercial, industrial, recreational, urban and other kinds of real property. It operates commercial, industrial, mini, and personal (self) storage spaces in the country having a combined area of 75,000 square meters of covered space located in Quezon City. It provides warehousing and office rental services for businesses and individuals alike. The Companyâs subsidiary is Baesa Redevelopment Corporation.
PTFC REDEVELOPMENT CORPORATION 
