During the year Holcim Philippines (HLCM) availed 5.3 Billion Pesos short-term loans. However, as of the end of the third quarter of 2020, HLCM’s balance sheet would only show a short-term loan of 0.9 Billion Pesos. This could be so because HLCM is fast paying its short-term borrowing. As to how HLCM is able toContinue reading “HLCM (Holcim Philippines) 9M20 results report quite baffling for us, better wait for the auditors”
Tag Archives: Holcim Philippines
Cemex (CHP) vs. Holcim (HLCM), HLCM better results, CHP more likely to be acquired
Cemex Holdings Philippines, Inc. (CHP) at 1.46 a share has a market capitalization of 19.69 Billion Pesos while Holcim Philippines, Inc. (HLCM) at 5.94 has a market capitalization of 38.33 Billion Pesos. For 1H 2020 HLCM generated 11.4 Billion Pesos of sales while CHP generated just 9.6 Billion Pesos. HLCM was able to translate itContinue reading “Cemex (CHP) vs. Holcim (HLCM), HLCM better results, CHP more likely to be acquired”