MANILA, Philippines --- Ang family-led Eagle Cement Corp. grew net profit in the first three months by 49 percent year-on-year to P1.59 billion, driven by a double-digit growth in sales volume and improved cement selling prices. Eagle's net sales in the first quarter amounted to P5.37 billion, up by 34 percent in the same period last year, the company disclosed to the Philippine Stock Exchange on Monday. Net income margin improved to 30 percent from around 27 percent in the same period last year. Bulk of the company's cement sales -- equivalent to 81 percent -- consisted of bagged cement while the remaining 19 percent consisted of bulk cem...
Keep on reading: Eagle Cement Corp. reports P1.59B net profit in Q1 2019
from INQUIRER.net http://bit.ly/2GTwMhC
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