These companies were (not in any order):
Ayala Land Inc.,
Globe Telecom Inc.,
Manila Water Co.,
Manila Electric Co.,
Philex Mining Corp.,
Philippine Long Distance Telephone Co.,
Aboitiz Equity Ventures,
GT Capital Holdings, Inc.,
SM Prime Holdings, and
BDO Unibank Inc.
Globe Telecom, Inc., Ayala Land, Inc. and Philex Mining Corp. were listed as Philippines’ best. In addition, the Philippines is ranked (according to PhilStar) 2nd in good corporate governance.
Some profit numbers:
Interestingly, this simple table shows that most of the eleven companies that were ranked in this year’s ASEAN top 50 have been improving their profits within the five-year time frame (2010-2014).
On the other hand, PLDT, Philex Mining, and Aboitiz Equity Ventures are lagging behind with their profits.
That’s all for now.
Article published 11/16/2015
Disclosure: I have shares in Manila Electric Company. I would not receive any compensation for doing this article. I am not a professional financial analyst. This is just a hobby. Lastly, my work is not error-free, but I strive for it to be. Do not consider as a buy or sell advice. Invest at your own risk.
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