Chemical Industries of the Philippines, Inc. (CIP) Stock Price
₱170.00
0.00%
(
$3.01
in US Dollar
)
Price Data
Open Price
₱170.00
High Price
₱0.00000
Low Price
₱0.00000
52-Week High
₱180.00
52-Week Low
₱113.40
Market Data
Trade Volume
₱0
Market Cap
₱1.75 Billion
P/E Ratio
-191.01
Earnings Per Share
₱-0.890
Book Value
₱160.07
Company Profile
Chemical Industries of the Philippines, Inc. (CIP) was incorporated on January 6, 1959. The Company and its subsidiaries are primarily engaged in the manufacture, sale and distribution of industrial chemicals and leasing of office space to related and outside parties.
CIP has two business segments: chemicals and leasing. The chemicals segment manufactures and trades chemical products for water and sewage treatment and inorganic coagulants for the paper industry. The Company ceased operations of this segment since the cessation of operations of CAWC Inc., Chemphil Manufacturing Corp., and Kemwater Phil. Corp.
CIP had another subsidiary, LMG Chemicals Corporation (LMG), engaged in trading of chemical products until LMG ceased its trading operations in 2014. In December 2017, CIP sold its entire 65.92% shareholding in LMG.
Source: SEC Form 17-A (2022)
Stock Information
Sector
Industrial
Subsector
Chemicals
Outstanding Shares
10,296,601
Share Type
Common
ISIN
PHY1305B1080
Board Lot
10