Philippine Estates Corporation
PPSE:PHES0.41
PHP
+0.02
(+3.85%)
ISIN
PHY6903J1145
CUSIP
Y6903J114
Return %
Stock
S&P 500
1Y
20.90
14.20
3Y
32.79
81.12
5Y
-23.58
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Elvira A. Ting
- Sector
- Finance
- Industry
- Real estate development
- Address
- Pasig Philippines
- IPO Date
- Jan 21, 1985
- Website
- phes.com.ph
- Similar Companies
- Business
- Philippine Estates Corporation is a Philippines-based real estate development and investment company engaged in the acquisition, master planning, development, and marketing of residential, commercial, industrial, and leisure properties. The company operates primarily across economic, middle-income, and mixed-use property segments, targeting urban and suburban growth corridors throughout the Philippines. Its core products and services encompass master-planned horizontal residential subdivisions and gated communities, including single-detached homes, duplexes, and townhouses marketed under brands such as Jaro Grand Estates and Wellford Homes; high-rise residential condominium developments, including the Pearl of the Orient Tower; residential and commercial estate developments, such as Costa Verde; master-planned industrial parks and logistics estates, including the Pacific Rim Industrial Park; commercial lot leasing and retail strip development; project management and architectural planning; and comprehensive subdivision estate administration and property management services. In recent strategic developments, Philippine Estates Corporation has accelerated the expansion of its Wellford Homes residential brand across key regional growth centers in Central Luzon and Western Visayas, notably expanding its project footprint in Bulacan and Iloilo to capitalize on decentralization and growing demand for affordable and mid-market suburban housing. The company has pursued capital raising initiatives, including stock rights offerings and balance sheet restructuring, to fund land banking acquisitions, infrastructure development, and pipeline expansions. Additionally, the company continues to execute joint development ventures, optimize its asset portfolio through the planned redevelopment of industrial land holdings, and advance sustainable master-planning frameworks across its regional horizontal communities. Founded in 1983 as Philippine Cocoa Specialties, Inc. before restructuring and assuming its current name in 1996, Philippine Estates Corporation operates as a member of The Wellex Group of Companies and is headquartered in Pasig City, Metro Manila, Philippines.