Eagle Cement Corporation announced earnings guidance for 2017 and 2018 and production guidance for 2018. For the year 2017, the company expects revenue will grow by at least 20% to about PHP 15 billion, with gross profit of more than PHP 7 billion translating to a net income of PHP 4.3 billion to PHP 4.5 billion.

For the year 2018, the company expects revenue could reach PHP 23 billion, supporting a gross profit of PHP 10 billion and a net of PHP 6.5 billion.

For the year 2018, the company expects production to hit 130 million bags, up by about 35% from the 2017 volume.