Highlights

 

 

DMPI’s FY2019              (MAY 2018-APRIL 2019) HIGHLIGHTS

  • DMPI sales reached P28.8bn, up 4% from prior year
  • The Philippine business accounted for P16.3bn or 57% of total sales
    • Philippine sales declined by 4% mainly in the general trade due to operational issues and distributor transition 
    • Modern trade accounted for about 30% while foodservice or institutional sales accounted for about 20% of Philippine sales
    • Foodservice grew by 7% to P2.8bn
  • Operating profit of P3.5bn, up 7%
  • Net profit of P2.6bn
  • Net debt to equity ratio of 0.57x
 
 

Five-Year Summary

FY = May to April FY2015 FY2016 FY2017 FY2018 FY2019
(Amounts in PhP '000 unless otherwise stated)  
Profitability          
Revenues 21,994,129 23,686,314 26,703,905 27,569,755 28,761,553
Gross Income 5,211,266 5,346,111 6,529,414 6,577,479 6,751,385
EBITDA 2,314,247 3,115,147 4,030,666 4,091,694 4,354,943
Operating Income 1,675,938 2,408,591 3,192,459 3,253,651 3,482,248
Net Income 1,062,042 1,784,911 2,735,130 2,571,027 2,578,745
EPS (in PhP) 0.57 0.96 1.48 1.33 0.92
Gross Margin (%) 23.7 22.6 24.5 23.9 23.5
EBITDA Margin (%) 10.5 13.2 15.1 14.8 15.8
Operating Margin (%) 7.6 10.2 12.0 11.8 12.6
Net Margin (%) 4.8 7.5 10.2 9.3 9.4
EPS Growth (%) na 68.4 54.2 -10.1 -30.7
Return on Equity (%) 9.3 13.5 16.9 13.6 12.1
Return on Assets (%) 4.4 6.7 8.1 6.7 6.7
Balance Sheet          
Cash 820,194 231,026 866,804 764,666 563,934
Debt 8,600,168 8,646,892 11,907,920 14,136,568 12,836,102
Net Debt 7,779,974 8,415,866 11,041,116 13,371,902 12,272,168
Fixed Assets 8,227,978 8,369,805 8,924,681 9,956,175 10,650,173
Total Assets 24,150,340 26,443,764 33,561,758 38,388,582 38,647,268
Shareholders' Equity 11,476,617 13,231,219 16,137,477 18,922,902 21,393,256
Net Tangible Asset Per Share
(in PhP)
5.8 6.7 8.3 6.8 8.3
Net Debt to Equity Ratio (%) 67.8 63.6 68.4 70.7 57.4
Cash Flow          
Cash Flow from Operations 3,305,685 3,937,194 2,372,328 3,861,253 6,649,296
Capital Expenditure 3,878,100 4,341,835 4,815,752 5,734,654 5,166,560