View Financial HealthRepower Energy Development 배당 및 자사주 매입배당 기준 점검 0/6Repower Energy Development 은(는) 현재 수익률이 1.19% 인 배당금 지급 회사입니다.핵심 정보1.2%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향17%최근 배당 및 자사주 매입 업데이트공지 • Nov 13Repower Energy Development Corporation announces Annual dividend, payable on January 12, 2026Repower Energy Development Corporation announced Annual dividend of PHP 0.0800 per share payable on January 12, 2026, ex-date on December 10, 2025 and record date on December 11, 2025.모든 업데이트 보기Recent updatesReported Earnings • Apr 18Full year 2025 earnings released: EPS: ₱0.48 (vs ₱0.17 in FY 2024)Full year 2025 results: EPS: ₱0.48 (up from ₱0.17 in FY 2024). Revenue: ₱775.8m (up 45% from FY 2024). Net income: ₱310.9m (up 188% from FY 2024). Profit margin: 40% (up from 20% in FY 2024). The increase in margin was driven by higher revenue.공지 • Dec 04Repower Energy Development Corporation (PSE:REDC) acquired 95% stake in Maramag Hydropower Corporation for PHP 32.2 million.Repower Energy Development Corporation (PSE:REDC) acquired 95% stake in Maramag Hydropower Corporation for PHP 32.2 million on December 2, 2025. A cash consideration of PHP 32.1 million will be paid by Repower Energy Development Corporation. As part of consideration, PHP 32.2 million is paid towards common equity of Maramag Hydropower Corporation. Repower Energy Development Corporation (PSE:REDC) completed the acquisition of 95% stake in Maramag Hydropower Corporation on December 2, 2025.Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₱6.36, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 7x in the Renewable Energy industry in Philippines. Total returns to shareholders of 23% over the past year.공지 • Nov 13Repower Energy Development Corporation announces Annual dividend, payable on January 12, 2026Repower Energy Development Corporation announced Annual dividend of PHP 0.0800 per share payable on January 12, 2026, ex-date on December 10, 2025 and record date on December 11, 2025.Reported Earnings • Nov 13Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ₱167.1m (up 45% from 3Q 2024). Net income: ₱70.6m (up ₱61.6m from 3Q 2024). Profit margin: 42% (up from 7.8% in 3Q 2024). The increase in margin was primarily driven by higher revenue.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: ₱0.08 (vs ₱0.04 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.08 (up from ₱0.04 in 2Q 2024). Revenue: ₱178.7m (up 61% from 2Q 2024). Net income: ₱53.8m (up 133% from 2Q 2024). Profit margin: 30% (up from 21% in 2Q 2024). The increase in margin was driven by higher revenue.공지 • Jul 08Repower Energy Development Corporation Approves Executive Committee ChangesRepower Energy Development Corporation held its Annual Stockholder's Meeting on July 7, 2025. The following directors and officers were likewise elected as members of the different Board committees pursuant to the Corporation's By-Laws and Revised Manual of Corporate Governance, to serve as such for the ensuing year until their successors have been duly elected and qualified: Executive Committee: Eric Peter Y. Roxas - Chairman; Ryotaro Sumi- Member; Charlie T. Sy - Member.공지 • May 29Repower Energy Development Corporation, Annual General Meeting, Jul 07, 2025Repower Energy Development Corporation, Annual General Meeting, Jul 07, 2025, at 09:00 W. Australia Standard Time. Location: via videconference, PhilippinesNew Risk • May 14New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). High level of non-cash earnings (22% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (24% net profit margin). Market cap is less than US$100m (₱3.36b market cap, or US$60.2m).Reported Earnings • May 04Full year 2024 earnings released: EPS: ₱0.17 (vs ₱0.33 in FY 2023)Full year 2024 results: EPS: ₱0.17 (down from ₱0.33 in FY 2023). Revenue: ₱533.4m (up 17% from FY 2023). Net income: ₱108.0m (down 35% from FY 2023). Profit margin: 20% (down from 36% in FY 2023). The decrease in margin was driven by higher expenses.New Risk • Nov 18New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 26% Last year net profit margin: 39% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). High level of non-cash earnings (42% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (26% net profit margin). Market cap is less than US$100m (₱3.36b market cap, or US$57.2m).Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₱0.02 (vs ₱0.093 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.02 (down from ₱0.093 in 3Q 2023). Revenue: ₱115.3m (up 12% from 3Q 2023). Net income: ₱9.03m (down 75% from 3Q 2023). Profit margin: 7.8% (down from 35% in 3Q 2023). The decrease in margin was driven by higher expenses.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ₱0.04 (vs ₱0.093 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.04 (down from ₱0.093 in 2Q 2023). Revenue: ₱110.8m (up 7.3% from 2Q 2023). Net income: ₱23.0m (down 37% from 2Q 2023). Profit margin: 21% (down from 35% in 2Q 2023). The decrease in margin was driven by higher expenses.공지 • Jul 02Repower Energy Development Corporation Announces Committee ChangesRepower Energy Development Corporation at its Annual Stockholder's Meeting held on July 2, 2024 announced election of committee members for the upcoming year. The Executive committee consists of: Eric Peter Y. Roxas- Chairman; Ryotaro Sumi- Member; Charlie T. Sy- Member, the Audit Committee consists of: Antonio Felix C. Carag- Chairman; Edmond P. Maceda- Member; Eric Peter Y. Roxas- Member, the Board Risk Oversight Committee consists of: Charlie T. Sy- Chairman; Antonio Felix C. Carag- Member; Ryan Wesley T. Yapkianwee- Member, the Corporate Governance Committee consists of: Edmond P. Maceda- Chairman; Antonio Felix C. Carag- Member; Nicholas Anthony N. Te- Member, the Nominations Committee consists of: Ryan Wesley T. Yapkianwee- Chairman; Edmond P. Maceda- Member; Nicholas Anthony N. Te- Member.공지 • May 11Repower Energy Development Corporation, Annual General Meeting, Jul 02, 2024Repower Energy Development Corporation, Annual General Meeting, Jul 02, 2024, at 11:00 W. Australia Standard Time. Location: via videconference in accordance with the rules of, the sec, PhilippinesReported Earnings • May 02Full year 2023 earnings released: EPS: ₱0.32 (vs ₱0.33 in FY 2022)Full year 2023 results: EPS: ₱0.32. Revenue: ₱456.6m (up 20% from FY 2022). Net income: ₱165.1m (up 19% from FY 2022). Profit margin: 36% (in line with FY 2022).New Risk • Apr 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₱3.25b market cap, or US$57.2m).Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₱7.04, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 7x in the Renewable Energy industry in Philippines.공지 • Aug 10Repower Energy Development Corporation Announces Executive ChangesRepower Energy Development Corporation announced that in compliance with SEC rules and recommended good corporate governance practices, the following changes within the corporate organization have been approved: Mr. Roberto B. Uy's resignation as Vice President and Compliance Officer has been accepted. Mr. Reynaldo Piamonte was appointed as Vice President. Prior to joining the Company, Mr. Piamonte was Assistant Director - Supply Chain Management at Globe Telecom Inc., the company he was with from 2007-2023.Mr. Piamonte obtained his Bachelor of Science in Electronics andCommunications Engineering from De La Salle University (Manila). Atty. Susan Bertulfo-Carisma resigned as Corporate Secretary and was appointed to the position of Compliance Officer, in addition to her role as VP - Legal and Corporate Affairs. Atty. Ann Margaret Lorenzo has been appointed as Corporate Secretary. Ms. Lorenzo is a Senior Associate at Tan Venturanza Valdez and serves as Corporate Secretary/Assistant Corporate Secretary in various publicly-listed and/or reporting companies. She finished her Juris Doctor and BA English Studies at the University of the Philippines (Diliman) in 2014 and 2010, respectively. She was admitted to the Philippine bar in 2015. Effective date of resignation of Roberto B. Uy: August 7, 2023. Reason: personal reasons. Effective date of resignation of Susan Bertulfo-Carisma: August 7, 2023. Reason: To assume Compliance Officer position. Reynaldo Piamonte, Susan Bertulfo-Carisma and Ann Margaret Lorenzo appointments are effective from August 7, 2023.New Risk • Aug 10New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks High level of debt (141% net debt to equity). Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (₱3.37b market cap, or US$60.1m).Board Change • Jul 24Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Antonio Felix Carag was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: REDC PH 시장에서 주목할만한 배당금을 지급하지 않으므로 지급이 안정적인지 확인할 필요가 없습니다.배당금 증가: REDC PH 시장에서 주목할만한 배당금을 지급하지 않으므로 지급액이 증가하는지 확인할 필요가 없습니다.배당 수익률 vs 시장Repower Energy Development 배당 수익률 vs 시장REDC의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (REDC)1.2%시장 하위 25% (PH)2.7%시장 상위 25% (PH)6.4%업계 평균 (Renewable Energy)3.0%분석가 예측 (REDC) (최대 3년)n/a주목할만한 배당금: REDC 의 배당금( 1.19% )은 PH 시장에서 배당금 지급자의 하위 25%( 2.69% )와 비교해 주목할 만하지 않습니다.고배당: REDC 의 배당금( 1.19% )은 PH 시장에서 배당금 지급자의 상위 25%( 6.42% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: REDC PH 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: REDC 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YPH 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/12 11:41종가2026/05/12 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Repower Energy Development Corporation는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공지 • Nov 13Repower Energy Development Corporation announces Annual dividend, payable on January 12, 2026Repower Energy Development Corporation announced Annual dividend of PHP 0.0800 per share payable on January 12, 2026, ex-date on December 10, 2025 and record date on December 11, 2025.
Reported Earnings • Apr 18Full year 2025 earnings released: EPS: ₱0.48 (vs ₱0.17 in FY 2024)Full year 2025 results: EPS: ₱0.48 (up from ₱0.17 in FY 2024). Revenue: ₱775.8m (up 45% from FY 2024). Net income: ₱310.9m (up 188% from FY 2024). Profit margin: 40% (up from 20% in FY 2024). The increase in margin was driven by higher revenue.
공지 • Dec 04Repower Energy Development Corporation (PSE:REDC) acquired 95% stake in Maramag Hydropower Corporation for PHP 32.2 million.Repower Energy Development Corporation (PSE:REDC) acquired 95% stake in Maramag Hydropower Corporation for PHP 32.2 million on December 2, 2025. A cash consideration of PHP 32.1 million will be paid by Repower Energy Development Corporation. As part of consideration, PHP 32.2 million is paid towards common equity of Maramag Hydropower Corporation. Repower Energy Development Corporation (PSE:REDC) completed the acquisition of 95% stake in Maramag Hydropower Corporation on December 2, 2025.
Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₱6.36, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 7x in the Renewable Energy industry in Philippines. Total returns to shareholders of 23% over the past year.
공지 • Nov 13Repower Energy Development Corporation announces Annual dividend, payable on January 12, 2026Repower Energy Development Corporation announced Annual dividend of PHP 0.0800 per share payable on January 12, 2026, ex-date on December 10, 2025 and record date on December 11, 2025.
Reported Earnings • Nov 13Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ₱167.1m (up 45% from 3Q 2024). Net income: ₱70.6m (up ₱61.6m from 3Q 2024). Profit margin: 42% (up from 7.8% in 3Q 2024). The increase in margin was primarily driven by higher revenue.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: ₱0.08 (vs ₱0.04 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.08 (up from ₱0.04 in 2Q 2024). Revenue: ₱178.7m (up 61% from 2Q 2024). Net income: ₱53.8m (up 133% from 2Q 2024). Profit margin: 30% (up from 21% in 2Q 2024). The increase in margin was driven by higher revenue.
공지 • Jul 08Repower Energy Development Corporation Approves Executive Committee ChangesRepower Energy Development Corporation held its Annual Stockholder's Meeting on July 7, 2025. The following directors and officers were likewise elected as members of the different Board committees pursuant to the Corporation's By-Laws and Revised Manual of Corporate Governance, to serve as such for the ensuing year until their successors have been duly elected and qualified: Executive Committee: Eric Peter Y. Roxas - Chairman; Ryotaro Sumi- Member; Charlie T. Sy - Member.
공지 • May 29Repower Energy Development Corporation, Annual General Meeting, Jul 07, 2025Repower Energy Development Corporation, Annual General Meeting, Jul 07, 2025, at 09:00 W. Australia Standard Time. Location: via videconference, Philippines
New Risk • May 14New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). High level of non-cash earnings (22% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (24% net profit margin). Market cap is less than US$100m (₱3.36b market cap, or US$60.2m).
Reported Earnings • May 04Full year 2024 earnings released: EPS: ₱0.17 (vs ₱0.33 in FY 2023)Full year 2024 results: EPS: ₱0.17 (down from ₱0.33 in FY 2023). Revenue: ₱533.4m (up 17% from FY 2023). Net income: ₱108.0m (down 35% from FY 2023). Profit margin: 20% (down from 36% in FY 2023). The decrease in margin was driven by higher expenses.
New Risk • Nov 18New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 26% Last year net profit margin: 39% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). High level of non-cash earnings (42% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (26% net profit margin). Market cap is less than US$100m (₱3.36b market cap, or US$57.2m).
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₱0.02 (vs ₱0.093 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.02 (down from ₱0.093 in 3Q 2023). Revenue: ₱115.3m (up 12% from 3Q 2023). Net income: ₱9.03m (down 75% from 3Q 2023). Profit margin: 7.8% (down from 35% in 3Q 2023). The decrease in margin was driven by higher expenses.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ₱0.04 (vs ₱0.093 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.04 (down from ₱0.093 in 2Q 2023). Revenue: ₱110.8m (up 7.3% from 2Q 2023). Net income: ₱23.0m (down 37% from 2Q 2023). Profit margin: 21% (down from 35% in 2Q 2023). The decrease in margin was driven by higher expenses.
공지 • Jul 02Repower Energy Development Corporation Announces Committee ChangesRepower Energy Development Corporation at its Annual Stockholder's Meeting held on July 2, 2024 announced election of committee members for the upcoming year. The Executive committee consists of: Eric Peter Y. Roxas- Chairman; Ryotaro Sumi- Member; Charlie T. Sy- Member, the Audit Committee consists of: Antonio Felix C. Carag- Chairman; Edmond P. Maceda- Member; Eric Peter Y. Roxas- Member, the Board Risk Oversight Committee consists of: Charlie T. Sy- Chairman; Antonio Felix C. Carag- Member; Ryan Wesley T. Yapkianwee- Member, the Corporate Governance Committee consists of: Edmond P. Maceda- Chairman; Antonio Felix C. Carag- Member; Nicholas Anthony N. Te- Member, the Nominations Committee consists of: Ryan Wesley T. Yapkianwee- Chairman; Edmond P. Maceda- Member; Nicholas Anthony N. Te- Member.
공지 • May 11Repower Energy Development Corporation, Annual General Meeting, Jul 02, 2024Repower Energy Development Corporation, Annual General Meeting, Jul 02, 2024, at 11:00 W. Australia Standard Time. Location: via videconference in accordance with the rules of, the sec, Philippines
Reported Earnings • May 02Full year 2023 earnings released: EPS: ₱0.32 (vs ₱0.33 in FY 2022)Full year 2023 results: EPS: ₱0.32. Revenue: ₱456.6m (up 20% from FY 2022). Net income: ₱165.1m (up 19% from FY 2022). Profit margin: 36% (in line with FY 2022).
New Risk • Apr 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₱3.25b market cap, or US$57.2m).
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₱7.04, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 7x in the Renewable Energy industry in Philippines.
공지 • Aug 10Repower Energy Development Corporation Announces Executive ChangesRepower Energy Development Corporation announced that in compliance with SEC rules and recommended good corporate governance practices, the following changes within the corporate organization have been approved: Mr. Roberto B. Uy's resignation as Vice President and Compliance Officer has been accepted. Mr. Reynaldo Piamonte was appointed as Vice President. Prior to joining the Company, Mr. Piamonte was Assistant Director - Supply Chain Management at Globe Telecom Inc., the company he was with from 2007-2023.Mr. Piamonte obtained his Bachelor of Science in Electronics andCommunications Engineering from De La Salle University (Manila). Atty. Susan Bertulfo-Carisma resigned as Corporate Secretary and was appointed to the position of Compliance Officer, in addition to her role as VP - Legal and Corporate Affairs. Atty. Ann Margaret Lorenzo has been appointed as Corporate Secretary. Ms. Lorenzo is a Senior Associate at Tan Venturanza Valdez and serves as Corporate Secretary/Assistant Corporate Secretary in various publicly-listed and/or reporting companies. She finished her Juris Doctor and BA English Studies at the University of the Philippines (Diliman) in 2014 and 2010, respectively. She was admitted to the Philippine bar in 2015. Effective date of resignation of Roberto B. Uy: August 7, 2023. Reason: personal reasons. Effective date of resignation of Susan Bertulfo-Carisma: August 7, 2023. Reason: To assume Compliance Officer position. Reynaldo Piamonte, Susan Bertulfo-Carisma and Ann Margaret Lorenzo appointments are effective from August 7, 2023.
New Risk • Aug 10New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks High level of debt (141% net debt to equity). Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (₱3.37b market cap, or US$60.1m).
Board Change • Jul 24Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Antonio Felix Carag was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.