Earnings call transcript: PLDT H1 2026 profit holds up as capex falls
PLDT reported its first-half earnings for 2026, showing profit remained steady despite a weaker operating environment. Gross service revenues grew by 2% and EBITDA stayed at a 52% margin. The company cut its capital spending significantly, boosting free cash flow and strengthening its balance sheet. PLDT's shares closed the regular session at $19.61, up 0.26% from the previous close, and were unchanged in after-hours trading.
Despite a slowdown in growth, the company's business remains on track, although at a slower pace compared to previous periods.
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