𝐆𝐥𝐨𝐛𝐞'𝐬 𝐐𝟑 𝟐𝟎𝟐𝟑 𝐅𝐈𝐍𝐀𝐍𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀 𝐁𝐑𝐈𝐄𝐅𝐈𝐍𝐆 𝐯𝐢𝐚 𝐙𝐨𝐨𝐦 𝐒𝐡𝐨𝐰𝐞𝐝 𝐚 𝐒𝐭𝐫𝐨𝐧𝐠 𝐐𝐮𝐚𝐫𝐭𝐞𝐫 𝐨𝐟 𝐆𝐫𝐨𝐰𝐭𝐡.
𝐆𝐥𝐨𝐛𝐞'𝐬 𝐐𝟑 𝟐𝟎𝟐𝟑 𝐅𝐈𝐍𝐀𝐍𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀 𝐁𝐑𝐈𝐄𝐅𝐈𝐍𝐆 𝐯𝐢𝐚 𝐙𝐨𝐨𝐦 𝐒𝐡𝐨𝐰𝐞𝐝 𝐚 𝐒𝐭𝐫𝐨𝐧𝐠 𝐐𝐮𝐚𝐫𝐭𝐞𝐫 𝐨𝐟 𝐆𝐫𝐨𝐰𝐭𝐡.
Globe Executives met with members of the Media, Vloggers, Bloggers, and Content Creators via Zoom this afternoon to discuss the company's financial updates.
In an impressive Q3 update, Globe maintains its course towards a successful year with record-breaking financial results. Revenue soars to ₱121.1 billion, a 3% YoY increase, while EBITDA reaches an all-time high at ₱60.7 billion, up 1% YoY.
Mynt's contribution to Globe Group's net income before tax has surged to 6%, and non-telco revenues hit an all-time high at ₱4.1 billion, marking a remarkable 44% YoY increase.
The mobile business continues to thrive, with revenues at ₱83.2 billion, up 3% YoY, driven by mobile data revenues of ₱67.0 billion, a substantial 7% YoY increase. Corporate data revenues also make a strong showing, reaching ₱13.6 billion, up 8% YoY.
Globe's commitment to network expansion and enhancement is evident in its substantial ₱54.0 billion CAPEX investment.
Furthermore, according to Ookla®, Globe now boasts the most consistent fixed broadband in numerous areas across the Philippines in Q3, with improved broadband speeds in even more regions.
This was going to be Globe's last Media Briefing for the year 2023. And so, we look forward to more milestones and achievements for 2024.
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Thank you so much for the invite Globe and PR Works.
#Globe #GlobeTelecom #Mynt #GCash #GlobeOfGood #GlobeBroadband #PRworks #Ayanventures #CebuHappenings #IJPphotoStories #TeamHappenings
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