PLDT Inc. Files 6-K Report for Q3 2024

TL;DR

PLDT Inc. dropped its Q3 2024 6-K filing on Nov 12. Check financials.

AI Summary

PLDT Inc. filed a 6-K report on November 12, 2024, for the period ending September 30, 2024. The filing includes financial information and disclosures as required for foreign issuers. Manuel V. Pangilinan, Chairman, President and CEO, signed the report on behalf of the company.

Why It Matters

This filing provides investors with updated financial and operational information for PLDT Inc., a major telecommunications provider in the Philippines, allowing them to assess the company's performance.

Risk Assessment

Risk Level: low — This is a routine periodic filing (6-K) that provides updated information and does not indicate any immediate or significant new risks.

Key Players & Entities

• PLDT Inc. (company) — Registrant
• Manuel V. Pangilinan (person) — Chairman, President and CEO
• November 12, 2024 (date) — Filing Date
• September 30, 2024 (date) — Reporting Period End Date

FAQ

Key Financial Figures

• $1 — o the Philippine Peso was Php56.02 to US$1.00, the Philippine Peso-U.S. Dollar exc

Filing Documents

• phi_6-k_3q2024.htm (6-K) — 11163KB
• img6823479_0.jpg (GRAPHIC) — 3KB
• img6823479_1.jpg (GRAPHIC) — 10KB
• 0000950170-24-124482.txt ( ) — 11181KB

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized. Registrant: PLDT Inc. Signature and Title: /s/ Manuel V. Pangilinan Manuel V. Pangilinan Chairman, President and Chief Executive Officer Signature and Title: /s/ Danny Y. Yu Danny Y. Yu Senior Vice President and PLDT Group Chief Financial Officer (Principal Financial Officer) Signature and Title: /s/ Gil Samson D. Garcia Gil Samson D. Garcia First Vice President (Principal Accounting Officer) Date: November 12, 2024 SEC Number PW-55 File Number PLDT Inc. (Company’s Full Name) Ramon Cojuangco Building Makati Avenue, Makati City (Company’s Address) (632) 82500254 (Telephone Number) Not Applicable (Fiscal Year Ending) (month & day) SEC Form 17-Q Amendment Designation (if applicable) September 30, 2024 Period Ended Date Not Applicable (Secondary License Type and File Number) November 12, 2024 The Philippine Stock Exchange, Inc. 6/F Philippine Stock Exchange Tower 28th Street corner 5th Avenue Bonifacio Global City, Taguig City Attention: Atty. Stefanie Ann B. Go Officer-In-Charge - Disclosure Department Securities & Exchange Commission 7907 Makati Avenue, Salcedo Village Barangay Bel-Air, Makati City Attention: Mr. Vicente Graciano P. Felizmenio, Jr. Director – Markets and Securities Regulation Department Gentlemen: In compliance with Section 17(b) of the Securities Regulation Code and SRC Rule 17.3, we submit herewith a copy of SEC Form 17-Q with Management’s Discussion and Analysis and accompanying unaudited consolidated financial statements for the nine months ended September 30, 2024 of PLDT Inc. This submission shall also serve as our compliance with Section 17.1 of the Securities Regulation Code regarding the fi

–

PART I – FINANCIAL INFORMATION 1 Item 1. Consolidated Financial Statements 1 Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations 1 Financial Highlights and Key Performance Indicators 2 Performance Indicators 3 Overview 4 Management’s Financial Review 5 Results of Operations 7 Consolidated 8 Revenues 8 Expe nses 9 Other Income (Expenses) – Net 9 Net Income (Loss) 9 EBITDA 9 Core Income 10 Telco Core Income 10 Wireless 11 Revenues 11 Service Revenues 11 Non-Service Revenues 14 Expenses 14 Other Income (Expenses) – Net 15 Provision for Income Tax 15 Net Income 15 EBITDA 15 Core Income 15 Fixed Line 15 Revenues 15 Service Revenues 16 Non-Service Revenues 17 Expenses 17 Other Income (Expenses) – Net 18 Provision for Income Tax 18 Net Income 18 EBITDA 18 Core Income 18 Others 19 Revenues 19 Expenses 19 Other Income (Expenses) – Net 19 Net Income (Loss) 19 Core Income (Loss) 19 Liquidity and Capital Resources 19 Operating Activities 20 Investing Activities 21 Financing Activities 21 Changes in Financial Conditions 22 Off-Balance Sheet Arrangements 23 Equity Financing 23 Contractual Obligations and Commercial Commitments 24

Quantitative and Qualitative Disclosures about Market Risks

Quantitative and Qualitative Disclosures about Market Risks 25 Impact of Inflation and Changing Prices 25

–

PART II – OTHER INFORMATION 26 Related Party Transactions 27 ANNEX – Aging of Accounts Receivable A- 1 Financial Soundness Indicators A- 2

– FINANC IAL INFORMATION

PART I – FINANC IAL INFORMATION

Consolidated Financi al Statements

Item 1. Consolidated Financi al Statements Our consolidated financial statements as at September 30, 2024 (unaudited) and December 31, 2023 (audited) and for the nine months ended September 30, 2024 and 2023 (unaudited) and related notes (pages F-1 to F-124) are filed as part of this report on Form 17-Q.

Management ’s Discussion and Analysis o f Financial Condition and Results of Operations

Item 2. Management ’s Discussion and Analysis o f Financial Condition and Results of Operations In the following discussion and analysis of our financial condition and results of operations, unless the context indicates or otherwise requires, references to “we,” “us,” “our” or “PLDT Group” mean PLDT Inc. and its consolidated subsidiaries, and references to “PLDT” or “the Company” mean PLDT Inc., not including its consolidated subsidiaries (please see Note 2 – Summary of Significant Accounting Policies to the accompanying unaudited consolidated financial statements for the list of these subsidiaries, including a description of their respective principal business activities and PLDT’s direct and/or indirect equity interest). The following discussion and analysis of our financial condition and results of operations should be read in conjunction with the accompanying unaudited consolidated financial statements and the related notes. Our unaudited consolidated financial statements, and the financial information discussed below, have been prepared in accordance with Philippine Financial Reporting Standards (PFRS) which is virtually converged with International Financial Reporting Standards as issued by the International Accounting Standards Board. PFRS differs in certain significant respects from generally accepted accounting principles (GAAP) in the U.S. The financial information appearing in this report and in the accompanying unaudited consolidated financial statements are stated in Philippine Peso. Unless otherwise indicated, in this report and in the accompanying unaudited consolidated financial statements, the exchange rate used to convert the U.S. Dollar amounts into the Philippine Peso was Php56.02 to US$1.00, the Philippine Peso-U.S. Dollar exchange rate as quoted through the Bankers Association of the Philippines as at September 30, 2024. Some informa

View Full Filing

View this 6-K filing on SEC EDGAR