^
+ Follow MERCANTILE PLANS INC Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 276841
                    [Title] => Pre-need industry records 18.5% drop in Q1 sales
                    [Summary] => Still reeling from controversies facing several pre-need firms, the industry recorded an 18.5-percent decline in its total sales for the first quarter of the year.


Based on data culled by the Securities and Exchange Commission’s (SEC) Non-Traditional Securities Department, total sales of pre-need firms dipped to P6.94 billion compared with P8.51 billion a year earlier.

The number of plans sold dropped by 8.5 percent to 107,043 from 116,983 with education plans and pension plans recording a 36- percent and 35-percent decline in their sales, respectively.
[DatePublished] => 2005-05-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 271772 [Title] => Pre-need industry sales plunge 18.2% to P2.3B in January [Summary] => The pre-need industry had a bad start this year with sales falling by 18.2 percent in January as the public decided to adopt a wait-and-see stance before they make their investments decisions.

Based on the report prepared by the Securities and Exchange Commission’s (SEC) Non-Traditional Securities Department, sales of the pre-need sector declined to P2.3 billion in January this year from P2.81 billion a year ago.

The number of plans sold dropped 7.84 percent to 35,513 from 38,534.
[DatePublished] => 2005-03-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 219360 [Title] => Pre-need firms’ sales down 22.5% in first seven months [Summary] => Reflecting poor economic conditions, sales of pre-need companies fell 22.5 percent in the first seven months of the year to P18.59 billion from P24 billion the same period last year.

Based on a report from the Securities and Exchange Commission (SEC) the number of units sold for the period January to July this year went down by 14.4 percent to 311,699 from 364,081 the previous level.

The decline was attributed to the current difficult environment, the unstable foreign-exchange rates, and uncertainties in the political front.
[DatePublished] => 2003-09-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 209022 [Title] => Sales of pre-need firms down 22% in Jan-April [Summary] => Sales of pre-need companies tumbled by 22.3 percent in the first four months of the year as the investing public continued to wait for more favorable developments before taking any new plans.

Data collated by the Securities and Exchange Commission showed that total sales of the pre-need industry declined to P10.59 billion from P13.63 billion the previous level. The number of units sold likewise went down to 180,747 or 14.72 percent lower than the previous year’s 211,957.
[DatePublished] => 2003-06-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
MERCANTILE PLANS INC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 276841
                    [Title] => Pre-need industry records 18.5% drop in Q1 sales
                    [Summary] => Still reeling from controversies facing several pre-need firms, the industry recorded an 18.5-percent decline in its total sales for the first quarter of the year.


Based on data culled by the Securities and Exchange Commission’s (SEC) Non-Traditional Securities Department, total sales of pre-need firms dipped to P6.94 billion compared with P8.51 billion a year earlier.

The number of plans sold dropped by 8.5 percent to 107,043 from 116,983 with education plans and pension plans recording a 36- percent and 35-percent decline in their sales, respectively.
[DatePublished] => 2005-05-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 271772 [Title] => Pre-need industry sales plunge 18.2% to P2.3B in January [Summary] => The pre-need industry had a bad start this year with sales falling by 18.2 percent in January as the public decided to adopt a wait-and-see stance before they make their investments decisions.

Based on the report prepared by the Securities and Exchange Commission’s (SEC) Non-Traditional Securities Department, sales of the pre-need sector declined to P2.3 billion in January this year from P2.81 billion a year ago.

The number of plans sold dropped 7.84 percent to 35,513 from 38,534.
[DatePublished] => 2005-03-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 219360 [Title] => Pre-need firms’ sales down 22.5% in first seven months [Summary] => Reflecting poor economic conditions, sales of pre-need companies fell 22.5 percent in the first seven months of the year to P18.59 billion from P24 billion the same period last year.

Based on a report from the Securities and Exchange Commission (SEC) the number of units sold for the period January to July this year went down by 14.4 percent to 311,699 from 364,081 the previous level.

The decline was attributed to the current difficult environment, the unstable foreign-exchange rates, and uncertainties in the political front.
[DatePublished] => 2003-09-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 209022 [Title] => Sales of pre-need firms down 22% in Jan-April [Summary] => Sales of pre-need companies tumbled by 22.3 percent in the first four months of the year as the investing public continued to wait for more favorable developments before taking any new plans.

Data collated by the Securities and Exchange Commission showed that total sales of the pre-need industry declined to P10.59 billion from P13.63 billion the previous level. The number of units sold likewise went down to 180,747 or 14.72 percent lower than the previous year’s 211,957.
[DatePublished] => 2003-06-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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