PLDT Reports 2% Growth in Consolidated Gross Service Revenue for First Nine Months
PLDT has released its financial results for the first nine months of the year, reporting a consolidated gross service revenue of PHP161.2 billion, representing a 2% increase year-over-year. Net service revenue also saw a modest rise of 1%, reaching PHP146.9 billion. The company maintained stable profitability with a consolidated EBITDA of PHP83.2 billion and an EBITDA margin of 52%. While capital expenditure decreased to PHP36.6 billion from PHP43 billion in the previous year, the company reported positive free cash flow and a 2% reduction in net financing costs.
Tickers: $PHI
Topics: capital expenditure EBITDA free cash flow revenue growth
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Part of the story Kelyniam Global Reports 34.7% Year-over-Year Revenue Growth for First Nine Months (3 articles)