August 30, 2014 6:25 PM ET

Real Estate Management and Development

Company Overview of Philcomsat Holdings Corporation

Company Overview

Philcomsat Holdings Corporation is engaged in the ownership and investment of real estate properties in the Philippines. The company leases office properties, as well as motor vehicles. It also holds investments in money market placements. The company was formerly known as Liberty Mines, Inc. and changed its name to Philcomsat Holdings Corporation in September 1997. Philcomsat Holdings Corporation was incorporated in 1956 and is based in Makati City, the Philippines. Philcomsat Holdings Corporation is a subsidiary of Philippine Communications Satellite Corporation.

Telecoms Plaza Building

12th Floor

316 Sen. Gil Puyat Avenue

Makati City,  1200


Founded in 1956


63 2 815 8406


63 2 817 9430

Key Executives for Philcomsat Holdings Corporation

Chief Executive Officer
Age: 69
Age: 54
Chief Financial Officer
Age: 68
Principal Accounting Officer and Comptroller
Corporate Information Officer
Compensation as of Fiscal Year 2014.

Philcomsat Holdings Corporation Key Developments

Philcomsat Holdings Corporation Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Philcomsat Holdings Corporation announced earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue of PHP 7,060,233 compared to PHP 8,635,844 a year ago. Profit before income tax was PHP 1,157,073 compared to PHP 5,608,572 a year ago. Net income was PHP 1,109,530 compared to PHP 5,513,485 a year ago. EPS was PHP 0.0011 compared to PHP 0.0055 a year ago. Net cash used in operations was PHP 32,415,769 compared to net cash provided by operations of PHP 428,020 a year ago. Additions to property and equipment were PHP 58,200 compared to PHP 18,670 a year ago.

Philcomsat Holdings Corporation Reports Earnings Results for the First Quarter Ended March 31, 2014

Philcomsat Holdings Corporation reported earnings results for the first quarter ended March 31, 2014. For the quarter, the company’s operating revenue was PHP 11,343,265 against PHP 9,837,203 for the same period in the last year. Net income before tax was PHP 4,451,498 against PHP 1,365,028 for the same period in the last year. Net income attributable to parent equity holder was PHP 0 against PHP 0 for the same period in the last year. Earnings per basic share were PHP 0.0044 against PHP 0.0013 for the same period in the last year.

Philcomsat Holdings Corporation Appoints Abraham R. Abesamis as ExCom Member and Lorna Patajo Kapunan as Chairman of Compensation Committee

Philcomsat Holdings Corporation announced the appointment of Abraham R. Abesamis as ExCom Member and Lorna Patajo Kapunan as Chairman of Compensation Committee, effective April 3, 2014.

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