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As of 3:20 AM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

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07/22/14 - $1,270
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far eastern university (FEU) Details

The Far Eastern University, Incorporated operates as a private non-sectarian institution of learning in the Philippines. It offers various programs in arts and sciences, such as Master of Arts (MA) in psychology; MA with majors in mass communication and letters; Bachelor of Arts in communication, English language, literature, political science, and international studies; and Bachelor of Science (BS) in biology, psychology, applied mathematics with information technology, and medical technology. The company also provides accounts, business, and finance programs including BS in accountancy; and BS in business administration with majors in business economics, financial management, marketing management, human resource development management, operations management, business management, internal auditing, and legal management. In addition, it offers BS in hotel and restaurant management, and tourism management; Doctor of Education with major in educational administration; MA in education with majors in educational administration, thesis and non-thesis curriculum and instruction, and special education; Bachelor of Elementary Education with majors in general and special education; Bachelor of Secondary Education with majors in mathematics, sports and recreational management, English, and general science; and Bachelor of Physical Education with major in school physical education certificate and teacher certificate programs. Further, the company provides other programs that include BS in architecture; Bachelor of Fine Arts with majors in advertising arts and painting; Bachelor of Law and Juris Doctor; MA and BS in nursing; Master of Business Administration; and BS in accounting technology and information technology. Additionally, it offers engineering and computer studies programs; and pre-school to high school education. The Far Eastern University, Incorporated was founded in 1928 and is based in Manila, the Philippines.

1,391 Employees
Last Reported Date: 07/15/14
Founded in 1928

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far eastern university (FEU) Key Developments

The Far Eastern University, Incorporated Proposes Amendment to Articles of Incorporation

The Far Eastern University, Incorporated proposed to consider approval of the amendment of article second of the amended articles of incorporation and of Section XXIX of the amended by-laws of the corporation to its upcoming annual general meeting going to be held on August 23, 2014.

Far Eastern University Announces Audited Consolidated and Parent Company Earnings Results for the Full Year Ended March 31, 2014; Provides Parent Earnings Guidance for the Fiscal 2015

Far Eastern University announced audited consolidated and parent company earnings results for the full year ended March 31, 2014. For the period, the consolidated operating income amounted to PHP 829.30 million, which was 8.38% lower than the previous year's PHP 905.19 million but other income recovered and went up to PHP 201.62 million and was higher by 27.07% compared to the previous year's PHP 158.67 million. The combined effect was a net profit before tax of PHP 1,030.93 million which was lower by 3.10% compared to the previous year's PHP 1,063.86 million. Net profit after tax was PHP 902.82 million against PHP 890.86 million a year ago. The slight increase is primarily a result of higher tuition and the student population also slightly increased; all of these led to a slight increase in net income. The company announced operating revenue was PHP 2,448.19 million against PHP 2,531.09 million a year ago. Return on total assets was 11% against 13% a year ago. Return on owner's equity was 14% against 16% a year ago. Net profit attributable to owners of the parent company was PHP 855.02 million against PHP 800.23 million a year ago. Basic and diluted earnings per share were PHP 62.27 against PHP 58.28 a year ago. Net cash from operating activities was PHP 1,202.8 million against PHP 768.1 million a year ago. Acquisition of property and equipment was PHP 785.37 million against PHP 1,529.12 million a year ago. For the period, the parent company reported total educational revenues were PHP 2,217.77 million against PHP 2,155.6 million a year ago. Operating profit was PHP 607.86 million against PHP 588.48 million a year ago. Profit before tax was PHP 932.87 million against PHP 902.82 million a year ago. Net profit was PHP 820.25 million against PHP 785.94 million a year ago. Basic and diluted earnings per share were PHP 59.74 against PHP 57.24 a year ago. Net cash from operating activities was PHP 1,065.5 million against PHP 96.107 million a year ago. Acquisition of property and equipment was PHP 329.37 million against PHP 264.49 million a year ago. The company expects the 2014-2015 operating income of the parent company would still be satisfactory.

Far Eastern University, Incorporated Announces Executive Changes

The Far Eastern University, Incorporated announced that its Board of Trustees at its meeting held on June 17, 2014 appointed Ms. Rosanna E. Salcedo as Treasurer of the company effective September 8, 2014 in place of Ms. Herminia I. Maliwat who will retire on September 15, 2014.


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