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September 2018: SKYBIZ: Seizing the Momentum

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September 2018: SKYBIZ: Seizing the Momentum SEPTEMBER 2018 www.lopezlink.ph Lopez Group celebrates 12 healthful years of Walk the Talk. Story on page 10. http://www.facebook.com/lopezlinkonline www.twitter.com/lopezlinkph SKYBIZ: Seizing theSKYBIZ Enterprise and MSME head Dickymomentum Liwanag, SKY Cable Regional Business Group head Ed Patron and National Sales head Kenneth Orlanes are men on a mis- sion. The three of them are key figures in the company’s objective to earn P2 billion in revenues by 2020. Turn to page 6 First Gen leads way The sound values Get help with your …page 2 of Devin Lopez …page 12 …page 9 to-do list! Lopezlink September 2018 Lopezlink September 2018 Biz News JANUARY TO JUNE 2018 FINANCIAL RESULTS (UNAUDITED, CONSOLIDATED) Net income attributable to equity ANC brings billionaire investor Lopez Holdings attributable Total revenues holders of the parent company net income at P.174B 2017 2018 % change 2017 2018 % change Kevin O’Leary to Manila By Carla Paras-Sison VENTURE capitalist and ABS-CBN P19.344B P18.936B -2 P1.455B P849.882M -42 entrepreneur Kevin O’Leary, EDC P17.747B P17.135B -3 P4.615B P3.366B -27 LOPEZ Holdings Corpora- ate First Philippine Holdings net income during the period. known as “Mr. Wonderful” in tion reported P2.174 billion in Corporation (FPH) accounted Unfavorable forex movement First Gen $853.995M $932.850M +10 $57.993M $84.861M +46 the business-themed program net income attributable to eq- for the results. during the period partially off- FPH P51.482B P58.674B +14 P2.516B P4.048B +61 “Shark Tank,” will be coming to uity holders of the parent for Unaudited consolidated rev- set the effect of growth in the Lopez Holdings P51.482B P58.674B +14 P1.763B P2.174B +23 Manila for the ANC Leader- the first six months of 2018. enues increased by 14% year- recurring earnings of the FPH ROCK P6.760B P8.049B +19 P1.036B P1.248B +20 ship Series at the Sofitel Philip- This is 23% higher than the on-year to P58.674 billion Group. ABS-CBN revenues pine Plaza Manila on Novem- P1.763 billion in net income from P51.482 billion. declined by 2% while expenses ber 12. attributable to equity hold- FPH posted a 61% increase increased by 4%. The billionaire business mag- ers of the parent reported in in net income attributable to As of June 30, 2018, Lopez nate is expected to bring his the first six months of 2017. equity holders of the parent Holdings owned 47% of FPH First Gen leads the way business smarts and signature The stable performance of the while ABS-CBN Corpora- and 56% economic interest in no-nonsense approach to men- energy group under associ- tion reported a 41% decrease in ABS-CBN. THE sterling performance of Holdings Corporation. First six months with fewer ad place- First Gen Corporation for the Gen benefited from the contri- ments during the period, and torship to the event produced first half of 2018 led all publicly bution of the San Gabriel and lower consumer sales owing to by ABS-CBN News Channel listed companies of the Lopez Avion power plants, which saw lower theatrical receipts from (ANC). in America. The program fea- ship Series, which is part of the First Gen recurring earnings continues Group, with its positive impact higher sales volume and better ABS-CBN Global and ABS- The founder of the O’Leary tures aspiring entrepreneurs country’s premier all-English felt all the way to Lopez Hold- spot prices. CBN Films as well as lower Financial Group will share who pitch and defend their cable news channel’s efforts to upward trajectory by 35% YoY ings Corporation, which controls Meanwhile, ABS-CBN Cor- revenue from SKY Cable’s cable how he became a successful business ideas to a panel of in- raise the level of discourse on First Gen parent First Philippine poration had a challenging first business. (CPS) entrepreneur, how he devel- vestors, including O’Leary, in global affairs and business is- FIRST Gen Corporation re- First Gen’s consolidated rev- Energy Development Cor- oped an expertise in financial the hopes of getting funding sues in the country. ported recurring net income enues from the sale of electric- poration’s (EDC) geother- management, and explain the from them. The ANC Leadership Se- attributable to equity holders ity increased by $85 million, or mal, wind and solar revenues “O’Leary Way” of aggressively Before “Mr. Wonderful,” ries, moderated by ANC an- of the parent of $115 million 10%, to $939 million (P48.4 accounted for $291 million EDC reports revenues of P17.1B grabbing opportunities in busi- ANC also brought to the Phil- chor Cathy Yang, will be held (P5.9 billion) in the first se- billion) compared to $854 mil- (P15.0 billion), or 31% of total ABS-CBN broadens ness. ippines Virgin Group founder on November 12, 2 p.m., at mester of 2018. This is a 35%, lion (P42.6 billion) in the first consolidated revenues (see re- ENERGY Development Cor- “However, we expect this EDC also posted a con- O’Leary became a household Richard Branson, former US the Sofitel Philippine Plaza or $30 million jump from its half of 2017. The natural gas lated story on this page). poration (EDC) reported con- downtrend to reverse in the solidated recurring net in- name as one of the “sharks” Secretary of State Madeleine Manila. For inquiries and $85 million (P4.3 billion) in re- portfolio accounted for $599 FG Hydro, owner of the 132- solidated revenues of P17.1 second half of 2018 as our ma- come attributable to equity nationwide ratings leadership or investors in ABC’s “Shark Albright, sports and entertain- reservations, visit www.ktx. curring earnings from the same million (P30.9 billion), or 64%, MW Pantabangan-Masiway billion for the first six months jor power plants in Leyte are holders of the parent of P4.1 By Kane Choa Tank,” a critically-acclaimed ment mogul Peter Guber and com.ph or call TicketWorld period in 2017. of First Gen’s total consolidated hydroelectric plants, reported of 2018, down by 3% from the now back in service. We also billion for the first six months reality show that has helped leadership guru Stephen M.R. at 891-9999 or log on to tick- The natural gas platform revenues. Their revenues were a slight decrease in revenues of P17.7 billion that was recorded see our operational efficiency of 2018, down 21% from the ABS-CBN’s TV offerings con- Multinational audience mea- ABS-CBN ruled across all reinvigorate entrepreneurship Covey for the ANC Leader- etworld.com.ph. delivered recurring earnings of 22% higher in the first half $2 million, or 7% to $23 mil- during the same period in 2017. initiatives starting to pay off,” P5.2 billion posted the previ- tinue to draw more viewers surement provider Kantar Me- time blocks, particularly in $88 million (P4.5 billion) ver- of 2018 mainly due to higher lion (P1.2 billion). This was due “Our first half results, simi- Vasay added. ous year. nationwide as the TV network dia uses a nationwide panel size prime time, as it scored an av- Promos & offers sus $51 million (P2.5 billion) volume sales and spot market to the absence of ancillary ser- lar to what we communicated All other units posted higher The company’s financial po- launched three new top-rating of 2,610 urban and rural homes erage audience share of 48% or previously. The natural gas plat- prices. vice sales in the first quarter of to the market during our Q1 revenues for the period, led by sition remained strong with shows and ruled in national TV that represent 100% of the total a 16-point lead against GMA’s Switching is easy with SKY’s fiber-powered form’s performance offset the “The gas portfolio thrived 2018. The hydro plants account earnings announcement, were its Burgos Wind (15% increase) cash balance of P16.1 billion. ratings in August with an aver- Philippine TV viewing popula- 32%. The prime time block is soft performance of the other during this period, especially for only 3% of First Gen’s total largely dominated by the im- and Bacman (10%) units. Bur- It maintained a comfortable age audience share of 44% or tion. the most important time of the broadband deals platforms. First Gen’s strong San Gabriel and Avion that consolidated revenues. Conse- pact of typhoon Urduja that hit gos (P1.66 billion vs. P1.44 gearing level with consolidated 12 points higher than GMA’s “FPJ’s Ang Probinsyano” day when most Filipinos watch SKY offers deals that will al- time cash-out upon installation enable more Filipino families numbers were likewise boosted have been able to achieve re- quently, the recurring attribut- Leyte island, site of our biggest billion revenues) continued to debt to equity of 1.03 times to 32%, according to data from (41.7%) again topped the TV and advertisers put a larger low Filipinos to easily make the and other perks. “The internet nationwide to access the inter- by lower interest expenses due markable turnarounds this able earnings contribution of business unit, in December. track its record performance last 1 and consolidated net debt to Kantar Media. list of most watched pro- chunk of their investments in switch to One SKYs fiber-pow- is now a basic need, not a bo- net minus the steep fees as the to its deleveraging initiatives. year as they delivered much- $5 million (P0.2 billion) is less Leyte’s generation volume was year, while Bacman (P2.13 bil- EBITDA [earnings before in- The Kapamilya network re- grams, followed by “Your to reach more consumers effec- ered broadband as it expands in nus amenity in homes,” Alan demand for high-speed inter- Attributable net income in needed power to the grid.
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