Cebu Holdings Inc. reported consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported total income of PHP 687,964,000 against PHP 553,835,000 a year ago. Income before minority interest was PHP 145,805,000 against PHP 111,897,000 a year ago. Net income after minority interest was PHP 131,874,000 against PHP 99,532,000 a year ago. Retained earnings at end of period were PHP 4,382,167,000 against PHP 3,884,388,000 a year ago. Earnings per share were PHP 0.07 against PHP 0.05 a year ago. Net debt as of March 31, 2018 was PHP 6,251,465,000. Net cash used in operating activities was PHP 308,825,000 against net cash provided by operating activities of PHP 73,591,000 a year ago. Acquisitions of investment properties were PHP 848,000 against PHP 264,000 a year ago. Acquisitions of property & equipment were PHP 5,426,000 against PHP 2,920,000 a year ago. Return on equity was 1.87% against 1.51% a year ago. Return on total assets was 0.64% against 0.50% a year ago. EBIT was PHP 213,936,978.14 against PHP 162,620,000.00 a year ago. EBITDA was PHP 342,080,458.31 against PHP 268,066,352.70 a year ago. Book value per share was PHP 3.71 against PHP 3.64 a year ago.