SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q
QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER
1. For the quarterly period ended Feb 28, 20222. SEC Identification Number PW-3643. BIR Tax Identification No. 000-270-220-0004. Exact name of issuer as specified in its charter Victorias Milling Company, Inc.5. Province, country or other jurisdiction of incorporation or organization Negros Occidental6. Industry Classification Code(SEC Use Only) 7. Address of principal office VMC Compound, J.J. Ossorio St., Brgy. XVI, Victorias CityPostal Code61198. Issuer's telephone number, including area code +63-34-488-79009. Former name or former address, and former fiscal year, if changed since last report -10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common
2,742,050,564
11. Are any or all of registrant's securities listed on a Stock Exchange? Yes No If yes, state the name of such stock exchange and the classes of securities listed therein: The Philippine Stock Exchange, Inc.12. Indicate by check mark whether the registrant:
(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)
Yes No (b) has been subject to such filing requirements for the past ninety (90) days Yes No
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Victorias Milling Company, Inc.VMC
PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules
For the period ended
Feb 28, 2022
Currency (indicate units, if applicable)
Phil. Peso in Thousands
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Feb 28, 2022
Feb 28, 2021
Current Assets
4,285,800
3,851,240
Total Assets
10,887,495
10,350,038
Current Liabilities
919,388
588,046
Total Liabilities
1,762,203
1,450,474
Retained
Earnings/(Deficit)
6,453,894
6,228,232
Stockholders' Equity
9,125,292
8,899,564
Stockholders' Equity - Parent
9,122,121
8,896,459
Book Value per Share
3.33
3.25
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue
2,233,813
2,208,956
4,277,800
4,075,382
Gross Expense
1,915,210
2,023,233
3,887,543
3,831,324
Non-Operating Income
79,243
71,908
157,224
127,133
Non-Operating Expense
8,103
8,032
16,206
16,064
Income/(Loss) Before Tax
389,743
249,599
531,275
355,127
Income Tax Expense
31,134
36,376
31,342
50,513
Net Income/(Loss) After Tax
358,609
213,223
499,933
304,614
Net Income Attributable to
Parent Equity Holder
358,508
213,253
499,867
304,663
Earnings/(Loss) Per Share
(Basic)
0.13
0.08
0.18
0.11
Earnings/(Loss) Per Share
(Diluted)
0.13
0.08
0.18
0.11
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)
0.36
0.28
Earnings/(Loss) Per Share (Diluted)
0.36
0.28
Other Relevant Information
-
Filed on behalf by:
Name
Eva Rodriguez
Designation
Compliance and Information Officer
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Victorias Milling Company Inc. published this content on 13 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2022 08:34:02 UTC.
Victorias Milling Company, Inc. is a Philippines-based integrated raw and refined sugar company. The Company operates mill and refinery facilities for sugar and allied products, as well as engineering services. The Company's segments include Sugar Milling, Distillery Operations, Power Generation and Others. Its Sugar Milling segment is engaged in the sale of raw sugar and molasses. Its Distillery Operations segment produces alcohol and ethanol with an actual daily capacity of 50,000 liters with molasses as the primary raw material. Molasses is sourced from sugar operations which produce it as a by-product. The Power Generation segment is engaged in the business of power generation derived from renewable energy resources for the wholesale of electricity to power companies, distribution utilities, electric cooperatives, retail electricity suppliers, aggregators and other customers. The Others segment includes food processing, real estate sales, leasing and entertainment.