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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Lorenzo Shipping Corporation (LSC)
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Sector
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Services
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Incorporation Date
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Oct 17, 1972
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Subsector
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Transportation Services
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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: Doris Magsaysay Ho
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Website / E-mail
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http://www.lorenzoshipping.com /
rjdelrosario@lorenzoshipping.com
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2.
Stock Information
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Total Assets
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2,775,440,000
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Market Capitalization
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682,209,968.73
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Total Liabilities
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2,232,839,000
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Outstanding Shares
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554,642,251
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Retained Earnings
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-443,550,000
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Listed Shares
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555,652,251
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Listing Date
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Jul 22, 1996
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Issued Shares
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555,652,251
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Board Lot
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1,000
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Free Float Level (%)
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10.57%
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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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NATIONAL MARINE CORPORATION (NMC)
PIONEER INSURANCE
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68.36 %
13.31 %
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4.
Company Descriptions and Business Development
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Notes
1. Doris Magsaysay Ho is the CEO of A. Magsaysay, Inc
which has various kinds of businesses such as logistics, tourism, healthcare,
etc. He is also the authorized representative of National Marine Corp.
2. A. Magsaysay, Inc holds 60% of NMC through a wholly
owned subsidiary Magsaysay Lines, Inc.
3. A. Magsaysay, Inc is founded by Robert CF Ho and Don
Ambrosio Magsaysay
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Overview
It was incorporated by the Go Family headed by Jose D.
Go, Sr., primarily to engage in domestic inter-island cargo handling
business. It owns and operates a fleet of six (6) vessels. LSC provides
20-foot and 40-foot dry containers to its customers in which they can load
their cargoes to various ports.
Business
It recorded Php300k deficit in 2016 with the total
revenue of Php2.3 billion.
Subsidiaries / Associates
/ Affiliates / Joint Ventures
One Team Services, Inc (50%)
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