Emeterio Sd. Perez

CENTRO Escolar University (CEU) reported in a consolidated financial filing retained earnings of P1.374 billion. Of the total, it said P369.47 million was “available for dividend declaration as of March 31, 2018,” according to an audited financial filing posted on the website of the Philippine Stock Exchange (PSE). The amount, apparently, would be sourced from the unappropriated retained earnings of P377.5 million.

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