2012 Press Releases

25 Jul 2012

Philex Mining Posts Lower 1H2012 Profits on Reduced Gold Output; 1H2012 Core Net Income at P2.109 Billion, lower by 26% over last year on lower gold output; Hedges achieved higher realized gold prices, with copper prices similar to last year, despite softening global metal prices; Gold output dropped by 14,103 ounces for the first half, or 19% due to lower grade; Reported Net Income down 37% from record earnings in 2011 to P2.036 billion, due to lower Core Net Income and lower exceptional gains; EBITDA correspondingly reduced to P3.391 billion for the period; Core EPS at P0.4276 per share for the 1H2012; Reported EPS at P0.4236 per share for 1H2012; Interim dividend approved at P0.11 per share, representing dividend payment of 25% of Core EPS

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25 Apr 2012

Philex Mining posts record 1st quarter revenue at P4.021 billion; Record global metal prices increased revenue from gold by 4% to P2.177 billion, and from copper by 9% to P1.796 billion; Tonnage milled increased by 4% to 2.356 million tonnes from 2.267 million tonnes over the same period last year; Lower metal recoveries resulted in a slightly lower reported net income of P1.268 billion, or 3% less than the P1.310 billion at first quarter 2011; Core Net Income steady at P1.330 billion; Core Earnings Per Share at P0.2698; EBITDA at P2.047 billion for the quarter

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06 Mar 2012

PLDT FY2011 consolidated core net income at P39 billion, down 7% y-o-y; Reported net income at P31.7 billion after provisioning; 5th consecutive year of 100% dividend payout – total dividend of P189 per share; EBITDA at P80 billion, lower by 4%; Free cash flow up 8% to P47.2 billion; Combined cellular subscriber base at 63.7 million; Total broadband subscribers over 2.9 million; Total fixed line subscribers over 2.2 million; Acquisition of Digitel completed in October 2011, integration underway

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