For Nine Months Of 2016 Consolidated Revenues Grew 5% To Php177.5 Billion, Due To The Strong Performance Of Robinsons Land, Cebu Pacific And Petrochem.

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- IR Director [2] -------------------------------------------------------------------------------- Good afternoon, ladies and gentlemen. I am pleased to present to you JG Summit Holdings' consolidated earnings results for the nine months of 2016, the latest financial results of the subsidiaries of the Group and its plans and prospects. Let me now give you a discussion of the latest results of the Company. For nine months of 2016 consolidated revenues grew 5% to PHP177.5 billion, due to the strong performance of Robinsons Land, Cebu Pacific and petrochem. The Company posted a consolidated net income from equity holders of the parent of PHP5.7 billion for the third quarter, bringing our nine months' consolidated net income to PHP23.3 billion. That's a 44% increase from last year. The increase is mainly coming from the double-digit income growth of our airline and our petrochemicals businesses. This is despite the 30% decline in dividends received from PLDT from PHP2.6 billion last year to only PHP1.8 billion this year. Consolidated EBITDA reached PHP52.9 billion. That's a 12% increase compared to last year.

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