For the updated or exact information, you should check edge.pse.com.ph or their official website.
1.
Company Information
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Company Name
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Benguet Corporation (BC)
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Sector
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Mining and Oil
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Incorporation Date
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Aug 12, 1903
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Subsector
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Mining
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Number of employees
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(Group Total)
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Board of Directors
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Chairman: Daniel Andrew G. Romualdez, Vice Chairman:
Benjamin Philip G. Romualdez
Other Directors: Isidro C. Alcantara, Jr.(MARC, BRK)
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Website / E-mail
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http://www.benguetcorp.com / admin@benguetcorp.com
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2.
Stock Information
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Total Assets
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6,444,376,000
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Market Capitalization
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630,257,933.70
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Total Liabilities
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2,783,486,000
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Outstanding Shares
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370,739,961
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Retained Earnings
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1,889,730,000
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Listed Shares
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371,050,755
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Listing Date
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Jan 04, 1950
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Issued Shares
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371,050,755
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Board Lot
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1,000
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Free Float Level (%)
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44.79%
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Par Value
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1.00
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Foreign Ownership Limit
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40%
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3.
Major Stock Holders (common shares)
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PCD NOMINEE CORPORATION (FILIPINO)
PALM AVENUE HOLDING COMPANY INC.
PALM AVE. HOLDINGS CO.
PALM AVE. HOLDINGS CO.
HOUSE OF INVESTMENT, INC.
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47.43%
17.69%
17.23%
08.31%
02.30%
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4.
Company Descriptions and Business Development
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Notes
1. Benjamin
Philip G. Romualdez, Daniel Andrew G. Romualdez and Maria Remedios R.
Pompidou are siblings.
2. Its major mines are canceled by DENR in 2017.
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Overview
The Company explores for mines, currently produces and
markets gold, nickel laterite ore, limestone; and through its subsidiaries,
provides logistics, port and shipping services, and healthcare services;
sells industrial equipment and supplies; develops water resources and real
estate projects. It provides healthcare and diagnostics services
through BenguetCorp Laboratories; mining logistics through Arrow Freight
Corporation; trading of industrial equipment and supplies through
Benguetrade, Inc.; port services through Keystone Port Logistics and
Management Services Corporation; shipping services through Calhorr 1 Marine
Services Corporation and Calhorr 2 Marine Services, Inc.; and real estate
development and lime production through BMC Forestry Corporation.
Business
Mining
Operation
Acupan Gold Project (AGP) in Benguet Gold Operation
(BGO) recorded P542.2 million revenues in 2016. DENR (Department of
Environment and Natural Resource) caned the operation in early 2017. The
company’s appeal is still pending in the OP (Office of the President).
Sta. Cruz Nickel Project (SCNP) contributed 53% of the
Company’s consolidated revenues, ending 2016 with P810 million. It was also
canceled by DENR and appealed to OP as of now.
There other exploration projects such as Balatoc
Tailings, AntamokTailings, etc.
Subsidiaries /
Associates / Affiliates / Joint Ventures
Benguet Management Corporation
(BMC) has
several subsidiaries.
BenguetCorp Laboratories Inc.
(BCLI)
recorded around P78 million in 2016.
Arrow Freight Corporation (AFC)
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