BLOOM’s FY18 reported net profit grew 18.4% y/y to Php7.19 Bil. This was driven by a 15.7%
growth in net revenues and 20.1% improvement in EBITDA. Stripping out forex gains and other
one-off items, the core profit of BLOOM improved 21.8% y/y to Php6.83 Bil, meeting both COL
and consensus full-year estimates.
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