SEPTEMBER 2019 www.lopezlink.ph Farewell,Stories on pp. 2, 9 GL. http://www.facebook.com/lopezlinkonline www.twitter.com/lopezlinkph New techno sport Hado fight!Story on page 6 Another Revisit your Good first half …page 2 ABS-CBN skin care milestone…page 5 routine…page 12 Lopezlink September 2019 Lopezlink September 2019 Biz News JANUARY TO JUNE 2019 FINANCIAL RESULTS (UNAUDITED, CONSOLIDATED) TOTAL REVENUES Net income attributable to equity Lopez Holdings attributable holders of the parent company 2018 2019 % change 2018 2019 % change net income at P4.181B Farewell to By Carla Paras-Sison ABS-CBN P18.936B P20.802B +10 P849.882M P1.552B +83 First Gen $962.575M $1.109B +15 $84.861M* $165.748M +95 LOPEZ Holdings Corporation Philippine Holdings Corpora- attributable to equity holders of a warrior FPH P58.674B* P67.913B +16 P3.877B* P6.754B +74 reported P4.181 billion in net in- tion (FPH) as well as the strong the parent, and recurring net in- Lopez Holdings P58.674B* P67.913B +16 P2.094B* P4.181B +100 come attributable to equity hold- recovery of investee ABS-CBN come was 35% better as electrici- GINA Lopez (GL), chair- ROCK P8.040B* P6.927B -14 P1.018B* P1.278B +25 ers of the parent for the first six Corporation accounted for the ty sales grew by 20%. ABS-CBN man of ABS-CBN Lingkod months of 2019. This is 99.7% results. reported a 98% increase in net Kapamilya Foundation Inc. higher than the P2.094 billion in Unaudited consolidated rev- income as advertising revenues ABS-CBN seals its partnership with the Advertising Foundation of the Philippines for the upcoming Araw Values Awards (ALKFI), passed away on *as restated net income attributable to equity enues increased by 16% year- increased by 18%. August 19. She was 65. holders of the parent reported in on-year to P67.913 billion from As of June 30, 2019, Lopez Born Regina Paz La’O Lo- the first six months of 2018. The P58.674 billion. Holdings owned 51% of FPH pez, GL was the second child steady performance of the en- During the period, FPH post- and 56% economic interest in ABS-CBN seals partnership and eldest daughter of the late ergy group under associate First ed a 76% increase in net income ABS-CBN. ABS-CBN chairman emeri- tus Eugenio Lopez Jr. and Good first half Conchita Taylor nee La’O. The listed companies associated CBN Corporation revenues standards for the comparative with Ad Foundation In a statement, ABS-CBN with the Lopez Group reported led by its Media Networks and periods. Changes were mainly described GL as “a fervent favorable earnings for the first Studio Entertainment Group. on recognition of cost of real First Gen recurring ABS-CBN has sealed once more mittee also presented a joint res- ABS-CBN chairman emeri- The Araw Values Adver- advocate of children’s rights half of 2019, driven by better Rockwell Land Corpora- estate and selling and market- its partnership with the Adver- olution and special declaration tus Eugenio Lopez III, chair- tising Awards aims to recog- and protection, a passion- recurring earnings of First Gen tion restated its 2018 financial ing expenses. Such restatement tising Foundation of the Phil- honoring the late ABS-CBN man Mark Lopez, president and nize advertising campaigns ate proponent of sustainable Corporation under the FPH statements to reflect the adop- affected all holding companies ippines for the upcoming 11th Lingkod Kapamilya Foundation CEO Carlo L. Katigbak, chief that uphold Filipino values livelihood among the under- Group, and a recovery in ABS- tion of new financial reporting consolidating Rockwell. (CPS) earnings up by 36% Araw Values Awards, which will Inc. chairman Gina Lopez for operating officer of broadcast based on the Ad Foundation’s privileged, and an unswerving It was at AFI where, over be held in November at ABS- her staunch efforts in protecting Cory Vidanes, Group chief fi- cornerstone values such as (P8.5 billion), or 15% to $1,109 champion for environment the next decade, GL em- FIRST Gen Corporation re- ers. From a recurring attribut- CBN’s Dolphy Theater and will and preserving the environment. nance officer Ron Valdueza and love of God, commitment to million (P58.1 billion), com- preservation.” barked on the massive and of- ported recurring attributable able net income of the parent have a telecast in December. She will be given a posthumous head of integrated sales August truth, honesty and integrity, pared to $963 million (P49.6 ALKFI called GL “a ten groundbreaking projects net income of the parent of of $88 million (P4.6 billion) in The Ad Foundation executive Tanglaw ng Araw ng Kalikasan Benitez, as well as representatives and respect for national cus- First Balfour is LRMC’s $156 million (P8.2 billion) in the first semester of 2018, the billion) in the first semester of champion for the environ- in childcare, education, live- committee and the 11th Araw award at the upcoming Araw from the Ad Foundation, led the toms and traditions, among 2018. The natural gas portfo- ment, child protection, and lihood, microfinance and the the first semester of 2019. This gas platform generated $105 Values Awards organizing com- Values Awards. signing of the partnership. others. was a 36% or $41 million (P2.3 million (P5.5 billion) for the lio accounted for $692 million the disadvantaged. She exem- environment that cemented top contractor of the year billion) jump from its $115 same period in 2019 which was (P36.2 billion), or 62% of First plified a life of service to hu- her reputation as a CSR jug- By Dolly Pasia-Ramos million (P5.9 billion) in earn- an increase of 19%. Gen’s total consolidated rev- manity with a deep desire to gernaut. These include AFI’s ings from the same period in The hydro platform likewise enues. improve people’s lives, rallied first flagship program E-Me- FIRST Balfour has been 2018. came in higher by $8 million EDC’s geothermal, wind and ABS-CBN holds on to double-digit lead for social justice, and sought dia, Bantay Bata 163, Bantay named one of the top con- Energy Development Cor- (P0.4 billion) at $13 million solar revenues accounted for to bring hope and change to Kalikasan, and the La Mesa tractors of Light Rail Manila poration (EDC) delivered (P0.7 billion) for the period as $374 million (P19.6 billion), or FILIPINO households are the top pick of Filipinos among Ginto” (22.7%) and “The Killer The Kapamilya network poor communities.” Watershed rehabilitation, Corporation (LRMC) in its recurring earnings from its it gained from higher sales to 34% of total consolidated reve- still turning to ABS-CBN for weekend shows. Bride” (22.5%), which broke also emerged triumphant GL studied at Assump- among others. recent Vendor Excellence geothermal, wind and so- the Wholesale Electricity Spot nues. From $315 million (P16.2 news and TV programs as the “The General’s Daughter’s” into the top 10 less than a again in Metro Manila as it tion College in Manila and These programs, as well as Awards 2019. lar platform of $49 million Market (WESM) and ancillary billion) in the first six months network continued to hold on (30.9%) high-octane episodes month since it premiered. registered 41%, 16 points enrolled at Newton College her newer undertakings in the of the Sacred Heart in Mas- Held in Pasay City, LRMC’s (P2.6 billion) in the first half services. of 2018, EDC’s revenues im- to its average audience share kept viewers entertained, while Meanwhile, ABS-CBN higher than GMA’s 25%. In 2000s, are all thriving, if not very first Vendors’ Night was of 2019, better by $16 million First Gen’s net income at- proved by $59 million (P3.4 of 45% in August, 14 points weekend shows “Hiwaga ng won all time blocks in August, Mega Manila, ABS-CBN sachusetts for college. She bywords in CSR, today. held to recognize top perform- (P0.9 billion) in comparison to tributable to equity holders in billion). higher than GMA’s 31%, ac- Kambat” (30.6%) and “Maa- asserting its dominance in registered 36% while GMA soon departed Massachusetts After a brief stint as sec- ing contractors and suppliers in $33 million (P1.7 billion) in the first semester of 2019 was First Gen Hydro Power cording to data from Kantar laala Mo Kaya” (30.2%) proved prime time where it recorded got 31%. to become a missionary with retary of the Department of four different categories—ma- 2018. $166 million (P8.7 billion). Corporation delivered better Media. Filipinos’ love for values-laden 48% versus GMA’s 31%, in In Total Luzon, ABS-CBN Ananda Marga, working Environment and Natural jor infrastructure contracts, First Gen’s natural gas- This was $81 million (P4.3 bil- revenues by $10 million (P0.5 “FPJ’s Ang Probinsyano” programs. the afternoon block with 47% earned 41% versus GMA’s among the poor in India, Af- Resources, where she made minor infrastructure contracts, fired power plants delivered lion) or 95% better than the billion), or 43% higher to $33 (35.8%) maintained its win- Rounding out the top 10 list compared to GMA’s 33%, in 34%. It also won in Total Vi- rica and Portugal. headlines for ordering the services, and spare parts and increased recurring earnings. earnings in the first semester million (P1.7 billion). ning streak for almost four of most watched shows nation- the noontime block with 46% sayas with 55%, beating GMA’s She returned to the Phil- closure or suspension of 28 goods.