C07854-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Nov 7, 2023
2. SEC Identification Number
PW-55
3. BIR Tax Identification No.
000-488-793
4. Exact name of issuer as specified in its charter
PLDT Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Ramon Cojuangco Building, Makati Avenue, Makati City Postal Code 1200
8. Issuer's telephone number, including area code
(632) 8250-0254
9. Former name or former address, if changed since last report
Not Applicable
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
- -
11. Indicate the item numbers reported herein
-

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

PLDT Inc.TEL

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

PLDT Inc.'s unaudited consolidated financial results for the nine (9) months ended September 30, 2023.

Background/Description of the Disclosure

The highlights of PLDT's unaudited consolidated financial results for the nine (9) months ended September 30, 2023 are as follows:

1. Gross Service Revenues rose 3% to P149.8B; Net Service Revenues reach P142.3B in 9M23—another historic high; 3Q23 revenues at P47.8B
2. Expenses lower by 3% or P1.7B from broad-based cost management
3. EBITDA rose to record highs of P78.4B in 9M23 and P26.2B in 3Q23; 9M23 and 3Q23 margins at 52%
4. Telco Core Income up 2% to P26.1B tracking FY23 guidance
5. Capex intensity ratio at 37%
6. Data and Broadband up 4% to P116.9B—82% of Consolidated Service Revenues
7. Fiber-Only Revenues grew 10% to all-time high P39.3B – 87% of total Home Revenues, Net Adds re-accelerate to 88 thousand in 3Q23
8. Enterprise Revenues at record-high of P34.8B; driven by growth in ICT Revenues from data solutions, multi-cloud and tech services
9. Wireless Consumer Mobile Data Revenues up 5%; Data now 86% of Individual business
10. Smart ahead of competition with 55.2M subscribers as of end-Sept 2023, TNT leading SIM brand
11. PLDT among World’s Best Companies 2023, only Philippine telco, highest among Philippine companies in terms of sustainability – Time Magazine

Other Relevant Information

Please refer to the attachment.

This press release may contain some statements which constitute “forward-looking statements” that are subject to a number of risks and opportunities that could affect PLDT’s business and results of operations. Although PLDT believes that expectations reflected in any forward-looking statements are reasonable, it can give no guarantee of future performance, action or events.

Filed on behalf by:
Name Kristine Mariz De Claro
Designation Associate Attorney