Friday, February 9, 2018

Mabuhay Vinyl Corporation (MVC)

This posting may contain out of date contents.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
Mabuhay Vinyl Corporation (MVC)
Sector
Industrial
Incorporation Date
Jul 20, 1934
Subsector
Chemicals
Number of employees
150 (Group Total)
Board of Directors
Chairman: Tetsuro Hachimura
Website / E-mail
http://www.mvc.com.ph / filvinyl@mvc.com.ph
2. Stock Information
Total Assets
1,917,007,000
Market Capitalization
2,109,576,979.62
Total Liabilities
341,422,000
Outstanding Shares
661,309,398
Retained Earnings
593,661,000
Listed Shares
661,309,398
Listing Date
Feb 05, 1997
Issued Shares
661,309,398
Board Lot
1,000
Free Float Level (%)
11.99%
Par Value
1.00
Foreign Ownership Limit
100%
3. Major Stock Holders (common shares)
Tosoh Corporation
87.97%
4. Company Descriptions and Business Development
Notes
1.  
Overview
MVC stopped PVC business in 2001 and focused on the chlor-alkali business. It the only chlor-alkali producing company in the Philippines. In 2014, it upgraded its Liquid Chlorine Refrigeration Plant. The principal products of the company are caustic soda and chlorine derivatives which form about 99% of the total revenues. It bought the raw material, salt, from Marubeni Corp. It has two plants in Iligan City and one in Sta. Rosa city.


Business
It recorded 1,678 million pesos of revenue and 128 million pesos of net income in 2016.
Sales of Goods (P1,600 million)
Property (P78 million)

Subsidiaries / Associates / Affiliates / Joint Ventures
MVC Properties, Inc. owns the land where the company facilities are located.

+++++++++++++++++++++++++++++++++++++++++

MARKET ISSUES

[last partial update : 02/28/2018] Macro and Overseas (a) US interest rate : 1.25 ~ 1.5%, May increase 3 times in 2018 (b) US 10 yr bond...