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Mercantile Insurance Company Inc The (Philippines)

Main Activities: Direct Property and Casualty Insurance Carriers
Full name: Mercantile Insurance Company Inc The Profile Updated: January 08, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Mercantile Insurance Company Inc The is based in Philippines. The head office is in Manila. The enterprise currently operates in the Direct Property and Casualty Insurance Carriers sector. The company was established on October 30, 1962. 347 (2023) employees currently work for Mercantile Insurance Company Inc The. The company’s latest financial report indicates a net sales revenue increase of 20.09% in 2022. A growth of 39.22% was recorded in its total assets. The enterprise’s net profit margin increased by 0.44% in 2022.

Legal Address
2/F Mercantile Insurance Building, General Luna corner Beatriz Streets, Intramuros, Manila
Manila; NCR; Postal Code: 1002

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Website: http://www.mercantile.ph

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
October 30, 1962
Key Executives
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Chairman
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President/CEO
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Director
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Director
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Independent Director
Ownership Details
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89.56%
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3.65%
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3.33%
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0.9%
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0.59%
Company Performance
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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
20.09%
Total operating revenue
19.32%
Operating profit (EBIT)
60.76%
Net Profit (Loss) for the Period
36.48%
Total assets
39.22%
Total equity
6.86%
Operating Profit Margin (ROS)
1.15%
Net Profit Margin
0.44%
Return on Equity (ROE)
1.42%
Quick Ratio
-0.06%
Cash Ratio
-0.1%

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