MANILA, Philippines - Sale of assets, including a minority stake in power retailer Manila Electric Co. (Meralco), caused the net income of listed Lopez Holdings Corp. to skyrocket by 569% in the first 6 months of 2012.
In a disclosure on Tuesday, August 14, Lopez Holdings (formerly Benpres Holdings) announced that its net income for the period reached P5.451 billion, a far cry from year ago's P815 million.
In a disclosure on Tuesday, August 14, Lopez Holdings (formerly Benpres Holdings) announced that its net income for the period reached P5.451 billion, a far cry from year ago's P815 million.
Lopez Holdings is the parent of media group ABS-CBN Corp. and power firm First Philippine Holdings Corp (FPHC) through respective economic interests of 60.3% and 46.6%.
Gains from equity holdings in units it does not control, including FPHC, zoomed to P4.914 billion during the period from a net loss of P127 million a year ago.
Meralco assets
FPHC sold 30 million Meralco shares, representing a 2.66% stake, in January to the group led by businessman Manuel V. Pangilinan. This deal earned for the parent firm a massive P3.338 billion.
FPHC used to hold 34% stake in Meralco but has slowly whittled this down following a series of transactions with the Pangilinan group.
On top of this 2012 Meralco stake sale, Lopez Holdings realized an additional P1.834 billion from the property dividends FPHC received from its property unit, Rockwell Land.
The property dividends were bought by Beacon Electric, which has a stake in Pangilinan-led Meralco.
ABS-CBN
The media group is the only operating subsidiary of Lopez Holdings.
ABS-CBN reported a 45% decline in net income for the first 6 months of the year to P927 million from P1.677 billion a year ago largely due to the one-time P674 million gain from the sale of philippine depository receipts of cable unit SkyCable.
Without the SkyCable-related one-time gains, ABS-CBN's net income would have dropped by 8% instead.
Revenues from advertising and consumer sales (via global operations) improved by 9% to P15.252 billion from P13.955 billion.
FPHC
FPHC's net income reached P10.776 billion in the first 6 months, from a year ago loss of P402 million, thanks to the Meralco and Rockwell deals.
Without these one-time gains, FPHC net income would still be higher by 811%.
FPH revenues improved by 27% to P39.860 billion from P31.488 billion, largely due to power generation arm First Gen Corp., which "derived better value from its investments in geothermal energy development."
First Gen majority owns geothermal company Energy Development Corp. (EDC), which was back in black at end-June after it reversed the nearly P5 billion losses incurred from the shuttered geothermal plant in Negros in 2011.
EDC's 132-megawatt Pantabangan-Masiway hydro power plant generated an additional P1.4 billion revenues from sale of electricity as ancillary services or reserve power supply, while the 305-megawatt Palinpinon-Tongonan geothermal plant also raked in P1.1 billion in additional sales from power supply contracts. - Rappler.com
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33 comments:
H1 PROFIT OF ABS-CBN'S PARENT FIRM ZOOMED 569%!
WOW....THE BEST!!!
da best mo mukha mo kapampam. gma d most profitable network. period
hehehehe...alam ko DA BEST tlga mukha ko...salamat..
^
^
YAN ISAMAPLA MO NMAN S MUKHA MO!!!PERIOD.
Eh tanong ang ABS? LMFAO!
lubog ang gma hahaha...
kaya for sale...
tama pag ibinebenta na, pabagsak na yan. wala na gano pumapasok na ads sa syete.
congrats kapamilya.
Dapat Meron din GOZON HOLDINGS hehehe. PAra meron din Parent Company ang GMA-7... Look at That GOZON, sa panaginip mo nalang pwedeng tapatan ang LOPEZ... hahaha...
Ang kumikita, nag eexpand... Ang lugi, binebenta. Simple lang di ba? Dali, isip pa kau ng pampalubag ng laman loob nyo mga kapuso.
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,....
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....hmmmmppppppppp 1..2..3..4..5
icp icp..mga kangusoooo ano NNMAN SASABIHEN U...
RATING?
MORE ADS ?
Sinong mas credible na TV Ratings Provider?
AGB Nielsen Phils.
122 (21%)
Kantar Media-TNS
440 (78%)
http://philippine-tv-ratings.blogspot.com/2012/07/london-2012-olympics-all-games-live-streaming.html
LOPEZ FAMILY owns;
ABS-CBN
SKY CALBLE CORP
BAYAN TELECOMMUNICATIONS
ROCKWELL LAND CORPORATION
FIRST PHILIPPINE HOLDINGS
FIRST GEN CORPORATION
FIRST GAS CORPORATION
ENERGY DEVELOPMENT CORP
FIRST BALFOUR CORPORATION
FIRST PHILEC CORPORATION
PHILIPPINE ELECTRIC CORPORATION
FIRST SOLAR POWER CORPORATION
FIRST NEXOLON CORPORATION]
FIRST PHILIPPINE INDUSTRIAL PARK
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Ilista Niyo Nga ang Companyang PAG-AARI ni Mr. GOZON kung ganyan din karami... Hehehe...
soryyyyyyyy...GMA lng poh un negosyo ko w/ 75 percent share kaso mbbwasan p sya pag m benta kona kay MVP un share ko...
(GUZON)
heheheheheheheh...
dami pala kumpanya ang lopez na nalulugi kala ko abs lng. tnx sa nagpost sa taas....
WOW ISA PA ITONG SHUNGAK ^
MARAMI ANG NEGOSYO NG ABS ^
DAHIL MAYAMAN NA MAYAMAN ^
SILA DI KATULAD NG GMEWW ^
NA GMEWW LANG ANG PAG ^
MAMAY ARI NILA
CONGRATS KAPUSAK!!!
LOPEZ owns;
ROCKWELL - High End or Luxury Property Development
ENERGY DEVELOPMENT CORPORATION - The Largest Geothermal Power Plan in the Country and 2nd Biggest In the World.
FIRST PHILIPPINE INDUSTRIAL PARK - A 350 hectare Industrial Park in Batangas, home of several multi-national companies Like HONDA, PHILI MORRIS and many more...
FIRST GEN CORP - The Largest Power Generation Company in the Philippines
Philippine Electric Corp - The largest Electric company in the Philippines, supplying transformers, cables, electric meters and many other products to almost all electric cooperatives in the Philippines.
BAYANTEL - 2nd biggest LandLine Telco and 4th biggest telco in the Philippines.
SKY CABLE - The Biggest CABLE company in the Philippines. . .
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hindi pa kasama ang Meralco kasi kaunti nalang ang shares ng LOPEZ sa Meralco. . .
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paki mention naman kung anu anu pa ang companya ni GOZON maliban sa GMA-7 kung totoo ngang Mayaman talaga sila. . .
Anonymous Anonymous said...
dami pala kumpanya ang lopez na nalulugi kala ko abs lng. tnx sa nagpost sa taas....
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pkibasa nlng poh s taas ah..at pki search nlng poh...un mga negosyo n yan kung n LULUGE...OK poh BOBO!
daming kompanya pero sangkaterba ang utang,, GMA simple lang pero yung tatlong owners ay kabilang sa top 40 rrichest peple ng pilipnas,,2012,, isa lng yung lopez na nakapsk sa top 40!
Simple lang talaga ang tatlong owner ng GMA, simpling Marcos cronies, simpling magtipid ng TF at equipment kaya sila lang ang yumayaman samantalang yung mga talent nilang matagal na sa industria mga pulubi pa rin compare sa mga bataa at baguhan lang na talent ng ABS...
Mga fan ng GMEW nga-nga nanaman,,,for sure wala silang naiintidihan jan...paki explain na lang sa kanila... wala kase ganyan sa GMA eh...parang tindahan lang ni aling Gozun kase GMA.....Paki explain na lang mga bopol n mga GMEW fan
Anonymous said...
daming kompanya pero sangkaterba ang utang,, GMA simple lang pero yung tatlong owners ay kabilang sa top 40 rrichest peple ng pilipnas,,2012,, isa lng yung lopez na nakapsk sa top 40!
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tanga lang talaga tong kanguso na toh oh. . ,tandaan mo hindi credible ang Forbes kasi hindi naisama sina MVP at erano Manalo. . ,
mas mayaman pa nga si MVP at Erano sa mga executives ng gmewww ehh. ., bakit kaya bibilhin ni Mvp ang gmeww kong mayaman naman pala aang executives nito??
tandaan nio, may pinapatayo ngayon ang INC na philippine arena. . it can accomodate a total of 55,000 person..,
eh ang gmeww nga hindi makapuno ng araneta coliseum na 15,000 lang ang capasidad, , , tanga talaga mga kapuso, , , \]
LOL Utang ng EBS malapit ng mag 15 billion whauua..expand kuno pero utang namang..proof- try niyong magresearch sa pse....last year,,,nasa 12 billion lang. dahil sigura sa DTV kuno- ayun lumobo hanggang 15 billion ang utang......
take note: abscbn is corporation..there is no point about comparing between GMA's gross revenues..GMA is GMA with Gma news tv..while abscbn= studio 23, hero skycable etc etc....BUt the question is- KUMIKITA ba kaya ung iba...Take note. GMA net income is higher than ABScbn. kasi naman ung ibang sister companies eh lugi...benta shares...heheh...plus 15 billion utang..
naks. , utang na naman ang sinasabi ng mga bopols na mga kapuso. . , DTV>>?? Diba Takot c Vaboy guzon non dahil walang pambili??,
akala ko ba mayaman?
nangungutang lang ang ABS it's because nag eexpand sila but mababalik naman yon.
tanga lang to oh,
Anonymous said...
LOL Utang ng EBS malapit ng mag 15 billion whauua..expand kuno pero utang namang..proof- try niyong magresearch sa pse....last year,,,nasa 12 billion lang. dahil sigura sa DTV kuno- ayun lumobo hanggang 15 billion ang utang......
take note: abscbn is corporation..there is no point about comparing between GMA's gross revenues..GMA is GMA with Gma news tv..while abscbn= studio 23, hero skycable etc etc....BUt the question is- KUMIKITA ba kaya ung iba...Take note. GMA net income is higher than ABScbn. kasi naman ung ibang sister companies eh lugi...benta shares...heheh...plus 15 billion utang..
August 17, 2012 9:38 AM
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Utang daw? May utang daw ang ABS-CBN pero ang tanong, nalulugi ba? Ang GMA, wala daw utang pero bakit BINENTA? BWAHAHAHA. Kung confident ang GMA na totoo silang Number 1, bakit hindi sila maka-expand? At tanging PinoyTV at GMANewsTV lang ang meron sa kanila? At take note, HINDI PURE NEWS Channel ang GMANewsTV dahil HALO-HALO ang pinapalabas! BWAHAHAHA ang totoong Kalabang ng GMANewsTV ay STUDIO 23 dahil pareho sila ng kategorya ;)) BWAHAHAHA Wag itapat ang GMANewsTV sa ANC dahil NAGMUMUKHANG Basura ang GMANewsTV ;)) BWAHAHAHA taray magsalita ng mga Kapusucks dito, eh yung network naman nila ang LUBOG na sa PUTIKAN, LUGI toda HIGHEST LEVEL at naIBENTA na kay MVP ;)) BWAHAHAHA
mga bobo! lahat ng kumpanya umuutang to expand their company! confident ang mga banko magpautang sa isang kumpanya kung kaya naman bayaran! duh!!!! Sa GMA? hindi na sila pinapautang kasi alam ng mga banko hindi na nito mababayaran ang mga utang nila! lol. kawawa naman! Binabalance lang yan mga utoy!!! It doesnt mean pag umutang ka or may utang ka eh palugi na kumpanya! mga illiterate ata kayo! Nakakaaduwa!!!
kung talagang mayaman ang kumpanya mu bakit ka mang-utang? aber! mag-isip ka! bago mgamalaki sa ipinagmamalaki mung basura,, buti pa ang GMA di baon sa utang at di hambog tulad ng iba jan--inggit kasi sila hay life!
sa taas ko tama ka, ang GMEWW di nag-uutang kasi nga marami silang pera
pero bakit hindi sila nag-eexpand??, corrupt ba si gozon dahil tinitipid niya mga artist nila?, bakit di siya gumagasto ng malaki?, bakit takot siyang magasta ang pera nia?,
payamanan na lang nang artista, GMEWW vs ABS. .
Anonymous said...
kung talagang mayaman ang kumpanya mu bakit ka mang-utang? aber! mag-isip ka! bago mgamalaki sa ipinagmamalaki mung basura,, buti pa ang GMA di baon sa utang at di hambog tulad ng iba jan--inggit kasi sila hay life!
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ikaw na mismo ang walang alam sa business, BOBO ka nga!
kahit si henry Sy may utang ang bawat company niya para lang pang expand... naturingan pang pinakamayamang tao sa pilipinas
yung sa taas ang di ngiisip at walng breeding--siguro nakatira ka sa squatter kasi gumagamit ka ng salitang 'tanga' ikaw ang di marunong sa business==ikaw kung malaki ang companya ng ipinagmamalki bakit sila uutang==dapt kng malaki ang companya dapt bumibili ng companya at nagpapautang at hindi nangungutang kahiya yung companya mung sangkaterba ang utang==kaya tuloy ang baba ng net ng two compara sa 1 billion ng GMA na mnagunguna as of now==kaya nga umuusok ang mga ilong sa galit ANG IBA JAN
Jusko! naaduwa na ako dun sa nakikipagargue skin sa pagutang! Please do some research! I cant imagine na talagang yan ang ginawa mongrason kung bakit nangugutang ang abs at ang gma ay walang utang. Gosh! kung ikaw ay magbi-business baka sa kangkungan ka na lang at hindi na nakapagexpand! Girl! why are you so tonta!??? nakakaiyak ang katontahan mo! kung hindi mo na gets... Napakabobo mo sa business! Ang pagutang ay hindi lang basta umuutang na parang umutang ka sa tindahan.. Partner sila!!! kahit anong kumpanya umuutang! tv5 umuutang din! jusko! si henry sy! si zobel de ayala! lahat ng korpurasyon. JUSKO!!! hindi kita kinakaya!!! May mga tao talagang bobo ano!?? pero okay lang pangBalance ng mga tao sa mundo. Hindi naman pedeng matatalino lang! edi wala na akong tinuruan!!! hahaha...
P.S. ABS CBN is not my company! hahaha. hindi ako nagiilusyong akin yun di tulad mo feeling mo kumapanya mo yun! sa GMA lang ata umiikot mundo mo kaya puros KATANGAHAN KATONTAHAN anf alam mo! yung isa dyan na feeling sosyal! na wala agad breeding kapag Nang-Tanga na!! Kawasa't may mga tanga talagang tao tulad mo! TANGA! TANGA! TANGA! hahaha.. wala akong breeding!! wohooo!!! hahaha.. Pero tanga ka! may breeding ka nga! chicken breeding nga lang! hhahaha... TANGA! TANGA ka pa rin! kahit walang breeding!!! Hindi naman ako tanag! atleast ang breeding natututunan pero kapag Tanga ka! TANGA na forever!! napakaSocial Climber mo!
I'm not sure kung may utang ang ABS, pero kung may utang man ang channel 2 it doesn't mean na pabagksak na ang kumpanya. it's normal in business! You should all know that it's normal. Stop arguing with this effin' debt of abs 'coz if you're not studying business just shut the FUCK UP!
Lopez Holdings/abscbn is expected to be debt free by the end of 2012! With it's continuing growth in profit and good economic stat of RP debt free is really possiblr.
Marami pa utang pa yan at dami pa problema sa mga company nya Indi pa resolved
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