Q3 2025 PLDT Inc Earnings Call Transcript
Key Points
- PLDT Inc (PHI) reported a 1% year-on-year increase in service revenues, reaching PHP145.9 billion, driven by steady demand across fiber, data, and ICT.
- EBITDA rose 3% to PHP82.8 billion with a stable margin of 52%, indicating strong operational efficiency.
- Maya, PLDT's fintech platform, showed a significant turnaround with a PHP1.5 billion improvement in core net income compared to the previous year.
- Fiber revenues grew 7%, reflecting strong demand for reliable connectivity, and the total fiber base increased by 8% year on year.
- PLDT's enterprise segment returned to growth with a 2% increase in corporate data and ICT revenues, driven by government and public sector projects.
- Telco core income decreased by 5% to PHP25.3 billion, primarily due to higher depreciation and financing costs from network and IT investments.
- Reported income was lower year on year, affected by the absence of last year's higher ForEx and derivative gains and accelerated depreciation charges.
- Net debt stood at PHP289 billion, with a net debt-to-EBITDA ratio of 2.61 times, slightly higher than the previous quarter.
- CapEx for the first nine months was PHP43 billion, although reduced from the previous year, it still represents a significant expenditure.
- The wireless segment experienced a slight decline in revenues due to legacy brands, with mobile data revenues only rising 1% year on year.
Good afternoon, everyone, and thank you for joining us today. I'm Jinggay Nograles, Head of Investor Relations here at PLDT. And it's my pleasure to welcome you all to our nine-month financial and operating results briefing. Joining us today to share insights into PLDT's performance and strategic direction are PLDT's Chief Financial Officer, Mr. Danny Yu; PLDT's Chief Operating Officer, Mr.
Butch Jimenez; PLDT Corporate Secretary, Marilyn Victorio-Aquino; PLDT Chief Legal Counsel, Attorney, Joan De Venecia-Fabul; Head of Consumer Business, Mr. John Palanca; Head of Enterprise Business, Mr. Blums Pineda; ePLDT President and CEO, Viboy Genuino as well as our OICs for Smart, Lloyd Manaloto and Ms. Marjorie Garrovillo.
All right. So before we begin, I'd like to remind everyone that we will have a Q&A session after the presentation (Operator Instructions). To start, I'd like to invite our Chief Financial Officer, Mr. Danny Yu, to walk us through PLDT's financial performance.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
