Economic Value Generated
For 2022, Axelum generated an economic value of ₱7 billion, equivalent to sales derived from its manufacturing and export operations.
Economic Value Distributed
Approximately ₱6.3 billion was disbursed for business operations and payments due to various stakeholders in 2022.
Payments to Suppliers, Employees and Other Operating Costs
Bulk of our economic value, equivalent to 95%, was allotted for supplier payments, employee compensation and other operating expenses.
Payments to Stockholders and Creditors
For 2022, Axelum’s total loan interest charges amounted to ₱36 million.
Payments to Government and Various Stakeholders
A total of ₱268 million was allocated for government tax payments to support economic and social projects in 2022.
Economic Value Retained
For 2022, Axelum retained approximately ₱765 million for reinvestment and future expansion.