Wednesday, January 4, 2012

FilInvest Land: Q311 Results

From Evernote:

FilInvest Land: Q311 Results


Disclaimer:  Though i have performed diligence to make sure that my basis are reasonable, i suggest you also do your own due diligence when making decisions.




Filinvest Land's Q311 results is not good to the eyes. Though the amount of cash used in operations decreased, the net revenues for the period ending Q311 is not spectacular. Given that the four quarter results is yet to be released, 2011 revenues appear to be just equal to 2010 results. 

Gross margin also declined slightly from 61% to 58.32%

Return on Assets and Equity are also disappointing. Both ratios declined from 2010 to a reported value of 2.49% and 3.92%.




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