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Varace Air Corporation (Philippines)

Main Activities: Other Miscellaneous Store Retailers
Full name: Varace Air Corporation Profile Updated: December 19, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Varace Air Corporation is an enterprise in Philippines, with the main office in Pasay City. The company operates in the Other Miscellaneous Store Retailers industry. It was established on July 20, 2006. In 2024, the company reported a net sales revenue increase of 3.71%. Its’ total assets recorded a growth of 16.5%. The enterprise’s net profit margin decreased by 2.85% in 2024.

Headquarters
General 124 Domestic Road, Manila Domestic Airport
Pasay City;

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Website: http://www.varaceair.com

Basic Information
Financial Auditors:
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Incorporation Date:
July 20, 2006
Key Executives
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Chairman
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Director
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Director
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Director
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Director
Ownership Details
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60%
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23.6%
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8%
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8%
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0.4%
Company Performance
Financial values in the chart are available after Varace Air Corporation report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
3.71%
Total Operating Revenue
3.71%
Operating Profit
-45.29%
EBITDA
-32.64%
Net Profit/Loss for the Period
-45.33%
Total Assets
16.5%
Total Equity
8.26%
Operating Profit Margin
-1.98%
Net Profit Margin
-2.85%
Return on Equity (ROE)
-14.72%
Debt / Equity
2.81%
Quick Ratio
-0.63%
Cash Ratio
-0.2%

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