November 29, 2007   EIB REALTY: Annual Net Loss Climbs to PHP126.315 Million in 2006 EIB Realty Developers Inc.'s annual net loss has risen year-on- year from 2005's PHP8.28 million to 2006's PHP126.315 million. For the year ended December 31, 2006, the company earned  PHP8.687 million in revenues against expenses of  PHP134.539 million, resulting in a PHP125.851-million loss  before tax expenses of PHP463,335.   As of December 31, 2006, the company had PHP535.002 million in  total assets and PHP212.59 million in total liabilities,  resulting in a PHP322.411-million shareholders' equity.  The company's 2006 annual financial statements can be downloaded  for free at:             http://researcharchives.com/t/s?25d4 EIB Realty Developers, Inc., is engaged in real estate  development, including building and development of residential,  industrial and commercial properties.  The company owns 55% of  Urban Property Holdings Inc., which also engages in the  development of real estate.  Export and Industry Bank, Inc. owns  71.7567% of the Company.
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