Friday, February 9, 2018

Eagle Cement Corporation (EAGLE)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Eagle Cement Corporation (EAGLE)
Sector
Industrial
Incorporation Date
95-JUN-21
Subsector
Construction, Infrastructure & Allied Services
Number of employees
 (Group Total)
Board of Directors
Chairman: Ramon S. Ang
Website / E-mail
www.eaglecement.com.ph / ir@eagle-cement.com.ph
2. Stock Information
Total Assets
41,120,058,102
Market Capitalization
73,800,000,000.00
Total Liabilities
12,823,576,024
Outstanding Shares
5,000,000,000
Retained Earnings
12,535,424,607
Listed Shares
5,000,000,005
Listing Date
May 29, 2017
Issued Shares
5,000,000,005
Board Lot
100
Free Float Level (%)
11.49%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
PCD Filipino
99%
4. Company Descriptions and Business Development
Notes
1. Ramon S. Ang is holding 26.36% through PCD and Far East Cement Corporation is holding 60.21%.
2. Ramon S. Ang is the Chairman of San Migual Corp. (SMC, a listed company), CEO of Top Frontier Investment Holdings, Inc (TFHI, a listed company), vice chairman of Pure Foods, Inc (PF), director of Petron corp. (PCOR).
Overview
EAGLE owns a cement production facility located in Barangay Akle, San Ildefonso, Bulacan and a grinding and packaging facility in Limay, Bataan. The Company's products are cement bags under the "Eagle Cement Advance" or "Eagle Cement Exceed" brands and also bulk cement under the "Eagle Cement Strongcem" brand.  Eagle Cement Corporation (EAGLE) has embarked on its plans to raise its production capacity to 9.1 million metric tons with the recent ground breaking of its fourth production line in Malabuyoc, Cebu.
It is currently the fourth largest player in the industry based on sales volume.


Business
It’s a newly listed company. It recorded around P11 billions of revenue and P3 billions of net income for the 9 month of 2017.

Subsidiaries / Associates / Affiliates / Joint Ventures
South Western Cement Corporation (SWCC)
KB Space Holdings, Inc. (KSHI)

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MARKET ISSUES

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