MacroAsia Corp.
PPSE:MAC3.31
PHP
-0.04
(-1.19%)
ISIN
PHY5369R1078
CUSIP
Y5369R107
Return %
Stock
S&P 500
1Y
-30.75
14.20
3Y
-16.20
81.12
5Y
-39.27
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Lucio Chua Tan
- Full Time Employees
- 6,200
- Sector
- Transportation
- Industry
- Other transportation
- Address
- Makati City Philippines
- IPO Date
- May 12, 1970
- Website
- macroasiacorp.com
- Similar Companies
- Business
- MacroAsia Corporation provides aviation support services, in-flight and institutional catering, maintenance, repair, and overhaul services, water distribution and treatment, and property development in the Philippines. The company operates through several primary business segments: In-Flight and Institutional Catering, Ground Handling and Aviation Support Services, Maintenance, Repair, and Overhaul (MRO), Water Distribution and Treatment, and Property and Economic Zone Development. Its core aviation offerings include in-flight catering and airline meal production; institutional and corporate food service catering; passenger terminal assistance, check-in, and baggage handling services; ramp handling, aircraft towing, and cabin cleaning; cargo and mail handling services; aircraft fueling coordination and line maintenance; base maintenance, structural repairs, and cabin modification for commercial aircraft models including Airbus and Boeing fleets; and aviation training and flight school instruction. Through its non-aviation divisions, the company provides municipal water utility services, bulk water supply, and wastewater treatment; development and management of special economic zones and aviation-related properties; and mineral exploration and mining property management. Founded in 1970 and headquartered in Makati City, Philippines, MacroAsia Corporation operates primarily across major Philippine transport hubs and regional provinces, including Ninoy Aquino International Airport, Clark International Airport, Mactan-Cebu International Airport, Davao International Airport, and Kalibo International Airport, while its water utilities serve residential, commercial, and industrial consumers across Cavite, Bulacan, Pangasinan, and other regional territories. The company conducts significant operations through strategic joint ventures and operating subsidiaries, notably Lufthansa Technik Philippines, Inc. for commercial aircraft maintenance, repair, and overhaul; MacroAsia Catering Services, Inc. and MacroAsia SATS Food Services Corporation in partnership with SATS Ltd. for aviation and institutional catering; MacroAsia Airport Services Corporation for nationwide ground handling services; First Aviation Academy, Inc. for pilot and aviation workforce training; and MacroAsia Properties Development Corporation along with various regional water utility subsidiaries for utility operations and infrastructure development. In recent strategic developments, MacroAsia Corporation has accelerated the expansion of its non-airline institutional catering business, securing commercial food service and commissary contracts with corporate and retail clients to diversify revenue streams. The company has expanded its aviation maintenance footprint through capacity enhancements at Lufthansa Technik Philippines, including expanded hangar facilities to accommodate heavy maintenance for wide-body commercial aircraft such as the Airbus A380 and Boeing 777. Furthermore, MacroAsia continues to scale its utility portfolio by acquiring and expanding regional municipal water distribution concessions, developing new water treatment facilities, and investing in non-revenue water reduction projects. The company is also part of the strategic consortium participating in the development of the Sangley Point International Airport project in Cavite and has advanced sustainability programs across its airport ground operations by deploying electric and eco-friendly ground support equipment.