MJC Investments Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018
May 15, 2018 at 02:23 am EDT
MJC Investments Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported total revenue of PHP 142,217,417 against PHP 77,939,588 a year ago. Loss before income tax was PHP 181,761,153 against PHP 190,137,164 a year ago. Net loss was PHP 184,503,082 or PHP 0.06 per basic share against PHP 191,365,869 or PHP 0.06 per basic share a year ago. Net cash flows used in operating activities was PHP 116,310,651 against net cash flows provided by operating activities of PHP 33,258,859 a year ago. Additions to property and equipment were PHP 32,797,264 against PHP 70,997,302 a year ago. Book value per share as at March 31, 2018 was PHP 0.5.