Cebu Pacific’s parent Cebu Air Inc. yesterday said its board of directors approved the proposal to use its additional paid-in capital to erase its retained earnings deficit.
This means Cebu Air will tap a portion of its additional paid-in capital of P20.66 billion to wipe out its deficit of P16.27 billion.
Once the restructuring is pursued, Cebu Air will clean its balance sheet of any deficit. Further, the airline will be left with an additional paid-in capital of P4.39 billion.
هذه القصة مأخوذة من طبعة July 18, 2024 من The Philippine Star.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة July 18, 2024 من The Philippine Star.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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