Q2 2019 Cosco Capital Inc Earnings Call Transcript
Ladies and gentlemen, welcome to Cosco's Second Quarter 2019 Results Briefing. John Hao, please begin.
Good afternoon, everyone. Thank you for calling Cosco's First Half Results Briefing. I have here with me Mr. Ted Polinga, the CFO of Cosco Capital.
Good afternoon.
So we have set out the presentation this lunchtime. I hope everybody received a copy of the Cosco presentation.
So going to Slide 4, revenues. So Cosco's revenue is PHP 76.72 billion while net income attributable to equity holders is PHP 2.67 billion. This excludes a onetime gain on sale from the sale of Liquigaz. So in terms of our revenue contribution, 93% is coming from Puregold; 1% is coming from Real Estate; 4%, Liquor; and 2% in special -- in Office Warehouse.
In terms of net income contribution, Puregold accounts for 54%; followed
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