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Latest Breaking News On - He highest monthly revenue ever recorded in the subic agency 39s almost 30 years of history sbma chair and administrator wilmat eisma said on monday operating posted january 2022 was higher by 92 million - Page 1 : comparemela.com

SBMA posts record-high PHP387-M income in January

SUBIC BAY FREEPORT - Boosted by a resurging seaport trade, the Subic Bay Metropolitan Authority (SBMA) recorded an income of PHP387 million last January, the highest monthly revenue ever recorded in the Subic agency's almost 30 years of history. SBMA chair and administrator Wilma T. Eisma said on Monday the operating revenue posted in January 2022 was higher by 92 million, or 31 percent, compared to that in the same period last year. The highest monthly revenue previously recorded by the SBMA was PHP358 million in "pre-pandemic" June 2019. The other record highs were PHP343 million in December 2021; PHP337 million in October 2020; PHP324 million in October 2018; and PHP298 million in July 2017. This record-breaking income in January, Eisma said, was accompanied by other positive indicators: an 11-percent increase in operating expense that was higher by PHP10 million; 41-percent growth in earnings before interest, taxes, depreciation, and amortization; and a 20-percent inc

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