PSE STAR featured listed firms update investors on 1H23 financial results and outlook

Published on 18/08/2023

A group of 10 publicly listed companies (PLCs) featured in the PSE STAR(Strengthening Access and Reach): Investor Day 2023 conducted a mid-year earnings briefing on August 16 and 17.


Co-hosted by The Philippine Stock Exchange, Inc. (PSE) and Bloomberg LP, the event was attended by buy and sell side analysts, foreign and domestic investors, and business journalists.


The PSE STAR-featured companies include ACEN Corporation (ACEN), DMCI Holdings, Inc. (DMC), East West Banking Corporation (EW), Ginebra San Miguel, Inc. (GSMI), GT Capital Holdings Inc. (GTCAP), Haus Talk, Inc. (HTI), Integrated Microelectronics, Inc. (IMI), Italpinas Development Corporation (IDC), Puregold Price Club, Inc. (PGOLD), and SM Investments Corporation (SM).


In his welcome remarks, PSE President and CEO Ramon S. Monzon highlighted the participation of two PLCs listed on the Exchange’s Small, Medium and Emerging Board, HTI and IDC. “This shows that good investor relations practices, including the conduct of quarterly earnings briefings, are very much doable regardless of company size.”


Aside from the live presentations and question and answer segments with the featured PLCs, recorded first half company briefings by 15 listed firms that took part in previous PSE STAR editions were uploaded on the event’s website for on-demand viewing by attendees. These PLCs include Aboitiz Power Corporation, Alliance Global Group, Inc., Cebu Air, Inc., Cebu Landmasters, Inc., China Banking Corporation, Citicore Energy REIT Corp., D&L Industries, Inc., D.M. Wenceslao & Associates, Incorporated, Manila Water Company, Inc., Megawide Construction Corporation, Monde Nissin Corporation, MREIT, Inc., Philex Mining Corporation, Semirara Mining and Power Corporation and Union Bank of the Philippines.


“The increased exposure of investors to these presentations will hopefully create demand for regular briefings, especially among companies that have not initiated this practice,” Mr. Monzon explained.


The Fund Managers Association of the Philippines (FMAP) and Trust Officers Association of the Philippines (TOAP) were the Exchange’s partners for the event.


Content from the 1H23 PSE STAR: Investor Day will be uploaded on the PSE website.


The next edition of PSE STAR: Investor Day will be held in November 2023.


Shown in photo (from left, by row): PSE President and CEO Ramon S. Monzon, DMC Deputy CFO Joseph Adelbert V. Legasto, SM Head of Investors Relations, Sustainability and Communications Timothy Daniels, HTI Investor Relations Officer Francis Miguel R. Madlambayan, IDC Chairman and CEO Romulo V. Nati, and ACEN Head of Finance Martin L. Syquia; GTCAP CFO Francisco H. Suarez, EW CEO Jerry G. Ngo, GSMI General Manager Emmanuel B. Macalalag, PGOLD Investor Relations Officer Victor John G. Dizon, IMI President Jerome S. Tan, and PSE COO Atty. Roel A. Refran.