MJC Investments Corporation reported consolidated earnings results for the first quarter ended March 31, 2017. For the quarter and year-to-date, the company reported revenue of PHP 77,939,588 compared to PHP 18,733,060 a year ago. Net loss before tax was PHP 190,137,164 compared to PHP 36,444,751 a year ago. Net income attributable to parent equity holder was PHP 184,910,729 or PHP 0.06 per diluted share compared to PHP 36,546,921 or PHP 0.01 per diluted share a year ago. Net cash flow provided by operating activities was PHP 33,258,859 compared to net cash flow used in operating activities of PHP 82,037,041 a year ago. Additions to property and equipment were PHP 70,997,302 compared to PHP 843,989,118 a year ago. Gross revenue was PHP 78,001,272 compared to PHP 19,244,333 a year ago.