Philippine Stock Report #7: Eagle Cement Corporation (EAGLE)
Hi Everyone!
Today, we'll be focusing on Eagle Cement Corporation (EAGLE) from the industry of Construction, Infrastructure & Allied Services.
Main products are cement bags sold under the "Eagle Cement Advance" and "Eagle Cement Exceed" brands. Bulk cement sold under the "Eagle Cement Strongcem" brand.
The Company is the 4th largest player in the Philippine cement industry based on sales volume, with the fastest growing market share among all competitors in the industry.
EAGLE has two wholly-owned subsidiaries namely, South Western Cement Corporation (SWCC) and KB Space Holdings, Inc. (KSHI).
1. Basic Information:
Eagle Cement Corporation (EAGLE)
Sector: Construction, Infrastructure & Allied Services
2. The Company's History:
June 21, 1995: Eagle Cement Corporation (EAGLE) was incorporated and registered with the Securities and Exchange Commission.
2008: The Company's plant in San Ildefonso, Bulacan was established.
2010: The Company started its commercial operations.
May 29, 2017: EAGLE is a fully integrated cement manufacturing company in the Philippines listed in the Philippines Stock Exchange (PSE)
<Here's the Company's Stock Data for the past year 2017-2018>
There is no stock data for Eagle Cement Corporation for the past 10 years since their listing date was May 29, 2017.
3. Present Stock (2018/10/01)
For the fiscal year ended: Dec. 31, 2017
Currency: Philippine Pesos (PHP)
4. Chairman of the Board
Chairman: Ramon S. Ang
Nationality: Filipino
Age: 64
Education: Bachelor of Science degree in Mechanical Engineering from Far Eastern University
Net Worth: US$2.5 Billion
Background:
- President and CEO of Top Frontier Investment Holdings, Inc.
- Vice Chairman, President and COO of San Miguel Corporation
- Chairman of Eagle Cement Corporation and Cyber Bay Corporation (PSE: CYBR)
5. News
August 8, 2018
EAGLE posts higher net income in 1H, up 5% to P2.3Bn
https://eaglecement.com.ph/article/eagle-posts-higher-net-income-in-1h-up-5-to-p2-3bn/5
June 21, 2018
EAGLE net income rises to P4.26B in 2017
https://eaglecement.com.ph/article/n-a/5
