Victorias Milling Company, Inc. Reports Unaudited Consolidated Earnings Results for the Quarter Ended November 30 2018
January 08, 2019 at 01:05 pm IST
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Victorias Milling Company, Inc. reported unaudited consolidated earnings results for the quarter ended November 30 2018. For the year, the company reported revenue of PHP 1,302,451,000 compared to PHP 1,840,782,000 a year ago. Income from operations was PHP 81,054,000 compared to PHP 38,887,000 a year ago. Income before income tax was PHP 107,886,000 compared to PHP 65,291,000 a year ago. Net income was PHP 81,076,000 compared to PHP 46,125,000 a year ago. Basic and Diluted EPS for net income attributable to equity holders of the company was PHP 0.03 compared to PHP 0.02 a year ago.
Victorias Milling Company, Inc. is a Philippines-based integrated raw and refined sugar company. The Company operates mill and refinery facilities for sugar and allied products, as well as engineering services. The Company's segments include Sugar Milling, Distillery Operations, Power Generation and Others. Its Sugar Milling segment is engaged in the sale of raw sugar and molasses. Its Distillery Operations segment produces alcohol and ethanol with an actual daily capacity of 50,000 liters with molasses as the primary raw material. Molasses is sourced from sugar operations which produce it as a by-product. The Power Generation segment is engaged in the business of power generation derived from renewable energy resources for the wholesale of electricity to power companies, distribution utilities, electric cooperatives, retail electricity suppliers, aggregators and other customers. The Others segment includes food processing, real estate sales, leasing and entertainment.
VICTORIAS MILLING COMPANY, INC. 
