Friday, February 9, 2018

Manila Bulletin Publishing Corporation (MB)

This posting may contain out of date contents.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
Manila Bulletin Publishing Corporation (MB)
Sector
Services
Incorporation Date
Sep 25, 1959
Subsector
Media
Number of employees
448 (Group Total)
Board of Directors
Chairman: Basilio C. Yap
Website / E-mail
http;//www.mb.com.ph / purchase@mb.com.ph
2. Stock Information
Total Assets
5,839,269,549
Market Capitalization
1,802,392,317.44
Total Liabilities
2,284,566,912
Outstanding Shares
3,466,139,072
Retained Earnings
170,426,696
Listed Shares
3,374,508,215
Listing Date
Apr 18, 1990
Issued Shares
3,374,508,215
Board Lot
1,000
Free Float Level (%)
22.01%
Par Value
1.00
Foreign Ownership Limit
0%
3. Major Stock Holders (common shares)
US AUTOMOTIVE CO., INC.
USAUTOCO, INC.
54.35%
23.40%
4. Company Descriptions and Business Development
Notes
1. Related companies: MB, PTC, CEU, EURO
2. Basilio C. Yap is the uncle of Emilio C. Yap III and Enrique Y. Yap Jr
Francis Y. Gaw is the brother-in-law of Basilio C. Yap while Benjamin C. Yap is the brother Basilio C. Yap.
Overview
The Corporation was founded as the Daily Bulletin on February 2, 1900 for the purpose of engaging in the publishing business.  Eventually it became Manila Bulletin Publishing Corporation (MB). It’s a daily news paper and also publishes various kinds of magazines. In 2005, it acquired from Liwayway Publishing, Inc its Tagalog daily newspaper, Balita, and other magazines.


Business
Revenue contribution in 2016
Advertising
Circulation
Other income
Others
1,415
1,378
106
9
48.66%
47.39%
3.65%
0.31%

Other income includes printing, sale of spoiled/scrap newspapers.
Others include rental, royalty, event, etc.
It recorded P42 millions of net income in 2016.

Subsidiaries / Associates / Affiliates / Joint Ventures

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MARKET ISSUES

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