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Doubledragon Corporation (Philippines)

Main Activities: Real Estate
Full name: Doubledragon Corporation Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

DoubleDragon Corporation is a real estate company located in Makati, Philippines. Led by Chairman Edgar "Injap" Sia II and Co-Chairman Tony Tan Caktiong, the company has achieved a market capitalization of over $2 billion in less than two years from its initial public offering. It is currently one of the top 5 listed companies on the Philippine Stock Exchange in terms of market capitalization. The company's vision is to accumulate 1 million square meters of leasable space by 2020. This will be achieved through the rollout of 100 community malls in provincial areas under its subsidiary, CityMall, which is a partnership with SM Investments Corporation. CityMall aims to become the largest independently branded community mall chain in the country. Additionally, DoubleDragon Corporation plans to add 300,000 square meters of leasable space through two office projects in Metro Manila: DD Meridian Park in the Bay Area and Jollibee Tower in Ortigas CBD. DD Meridian Park, the company's flagship project in Metro Manila, is a 4.8-hectare prime commercial block located in the growing central business district of the Bay Area. The first phase, DoubleDragon Plaza, which consists of four BPO Towers on top of a retail podium, is currently under construction and expected to be completed by 2018. Once fully built, DD Meridian Park will contribute 280,000 square meters of leasable space to DoubleDragon's portfolio.

Headquarters
Dd Meridian Park Bay Area Corner Macapagal, And Edsa Extension Avenues Brgy, 76 Zone 10 San Rafael Pasay City
Makati; National Capital Region; Postal Code: 1302

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Website: http://www.doubledragon.com.ph

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2009
Key Executives
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Chairman
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President
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Chief Financial Officer
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Vice Chairman
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Director/Member of the Board
Ownership Details
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35.18%
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35.18%
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20.09%
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9.32%
Subsidiaries
Ddpc Worldwide Pte. Ltd
100%
One-Eleven Property Management Corp.
100%
Dd Serviced Residences, Inc
70%
Company Performance
Financial values in the chart are available after Doubledragon Corporation report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
12.16%
Total operating revenue
12.16%
Operating profit (EBIT)
16.97%
EBITDA
18.11%
Net Profit (Loss) for the Period
2.41%
Total assets
17.34%
Total equity
15.59%
Operating Profit Margin (ROS)
2.49%
Net Profit Margin
-3.79%
Return on Equity (ROE)
-0.34%
Debt to Equity Ratio
-0.54%
Quick Ratio
-0.3%
Cash Ratio
-0.1%

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