Interim Financial Results & 2018 Outlook for Sytengco Group

PSE / MEDIA RELEASE

SBS Philippines Corporation (SBS), one of the leading chemical distribution companies in the Philippines, today announced its results for the six months ended 30 June 2018.

Results Overview

• First half 2018 net sales amounted to P589.3 million, up by 15% compared to prior
  year comparable period of P512.7 million
• Gross operating profit from core business grew by 14% year on year, with gross
  margin improving from 25.2% to 26.7%
• Realized a net income of P23.2 million for the first six months of 2018

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About SBS Philippines Corporation

We are a leading provider of strategic chemical supply solutions. SBS delivers innovative and environmentally responsible products. Our dedication to sustainability drives our company to create alternatives that contribute to a cleaner, greener future.

For further information about SBS Philippines Corporation, please call +63 2 8371-1111.

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