Economic Value Generated
In 2019, Axelum generated an economic value of ₱5.31 billion, equivalent to sales derived from its manufacturing and export operations.
Economic Value Distributed
A total of ₱5.24 billion was earmarked for business activities and payments due to various stakeholders in 2019.
Payments to Suppliers, Employees and Other Operating Costs
Bulk of our economic value, roughly around 84%, was allotted for supplier payments, employee compensation and other operating expenses.
Payments to Stockholders and Creditors
Pertains to the declaration and issuance of 100% stock dividends and loan obligations.
Payments to Government and Various Stakeholders
Refers to taxes remitted to the national government and budget for community development programs.
Economic Value Retained
For 2019, Axelum retained approximately ₱62.1 million to be invested for long-term growth requirements.