Retained earnings not for preferred shareholders

By Emeterio SD. Perez

Jun 22, 2018 12:23 am

Emeterio Sd. Perez

STA. Lucia Land Inc. (SLI) disclosed in a posting on the website of the Philippine Stock Exchange its retained earnings of P3.727 billion as of March 31, 2018, up from P3.462 billion as of Dec. 31, 2017. Despite this, SLI common shares opened trading at P1.10 per common share, its session’s high and dropped to a low of P1.08 on June 20, 2018.

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