First Metro Philippine Equity Exchange Traded Fund, Inc. announced consolidated earnings results for the year ended December 31, 2017. For the year, the company's total investment income was PHP 275,980,982 against PHP 28,581,206 a year ago. Net investment income before final tax was PHP 266,080,165 against PHP 20,051,658 a year ago. Net investment income was PHP 265,757,732 or PHP 27.2908 per basic/diluted share against PHP 19,924,211 or PHP 2.1650 per basic/diluted share a year ago. Net cash generated from operating activities was PHP 282,439,119 against net cash used in operating activities of PHP 498,137,215 a year ago. Return on average asset was 23.26% against 1.81% a year ago. Return on average equity was 23.28% against 1.81% a year ago.