PLDT Inc. (NYSE:PHI) Q3 2023 Earnings Conference Call November 7, 2023 2:30 AM ET
Company Participants
Melissa de Dios - IR
Al Panlilio - President and CEO
Danny Yu - CFO and Chief Risk Officer
Shailesh Baidwan - President, Maya Philippines and Co-Founder, Maya Bank
Manny Pangilinan - Chairman
Jeremiah de la Cruz - SVP
Conference Call Participants
Arthur Pineda - Citi
Melissa de Dios
Good afternoon, and thank you for joining us today, to discuss the Company's Financial and Operating Results for Nine Months of 2023. Copy of today's presentation is posted on our website. For those who have not been able to do so, you may download the presentation from www.pldt.com, under the Investor Relations section. Kindly note that this briefing is being recorded. A podcast of this event will be available on our website after the call.
QR code for the presentation is on the screen, and the MD&A, FS and podcast will be made available after the call. For today's presentation, we have with us Mr. Al Panlilio, President and CEO of PLDT and Smart; Mr. Danny Yu, Chief Financial Officer and Chief Risk Officer; Marilyn Victorio-Aquino, our Corporate Secretary and Chief Legal Counsel; Mr. Shailesh Baidwan, President of Maya Philippines and Co-Founder of Maya Bank, as well as other members of the PLDT management team.
At this point, let me turn the floor over to Mr. Panlilio to begin the presentation.
Al Panlilio
Thank you, Melissa. And good afternoon to all, and thank you for joining us this afternoon. And I'd like to start off the presentation with a few highlights of the business, and then I'll pass it on to Danny, for more detailed financial highlights report, and then to SB for Maya.
Happy to report the first nine months performance for PLDT-Smart. Growth was made possible in nine months, 2023 performance. To start with, we have ₱142.3 billion or 1% growth in revenues, which are nine month high revenues for PLDT. We also had an all-time nine-month high for our EBITDA, of ₱78.4 billion, which counts for the same period of last year, able to maintain margin at 52%, EBITDA margin.
Telco core have shown growth also, plus 2%, ₱26.1 billion for the period. And also want to share the CapEx being managed down ₱55.3 billion versus ₱67.3 billion, of same period last year. So because of that, the Cap intensity gone down to 37% from a high of 46%. That's clear.